Using the trial balance below, how should I record an adjusting entry for:

1. Appropriation reserve for treasury shares was set up

2. Tax rate is 30%

3.Interest on the mortgage payable has not been recorded

17. The trial balance of Davao Corporation at the end of its operation for 2014 is given below: DAVAO CORPORATION TRIAL BALANCE December 31, 2017 Cash P 180,000 Accounts Receivable 450,000 Estimated Uncollectible Accounts P P23,000 Inventory, January 1 220,000 Investment in Available for Sale Pepsico Shares 200,000 Land 800,000 Building 350,000 Accumulated Depreciation, Building 35,000 Furniture & Equipment 210,000 Accumulated Depreciation, Furniture & Equipment 42,000 Accounts Payable 380,000 Ten-Year Mortgage Payable (18% payable P25,000 250,000 every January 1) 12% Preference Share Capital, par P100 400,000 Ordinary Share Capital - par P100 800,000 Share Premium - Ordinary 80,000 Unrealized Gain on Revaluation of Land 20,000 150,000 Treasury Shares - Ordinary, 100 shares Retained Earnings -303,800 Sales 3,800,000 Sales Discounts 94,000 Purchases 3,446,000 Purchase Discounts 171,200 Freight-In 24,000 Office Salaries 36,000 Sales Salaries 72,000 Advertising Utilities Expense Rent Freight Out Insurance License and Taxes Interest Expense 18,000 1,650 20,350 5,400 14,600 11,200 1.800 P6,305.000 P6,305.000 Adjustments data: 1) Inventory, December 31, 2017, P550,000. 2) 10% of retained earnings was declared on December 31 as cash dividend payable on March 1, 2018 3) Depreciation rates: Equipment, 10% a year; Building, 5% a year. 4) Interest on the mortgage payable has not been recorded. 5) Unexpired insurance, P2,600. 6) Accrued Rent, P1,850. 7) Provision for Bad Debts, 1/2% of sales. 8) Appropriation Reserve for Treasury Shares was set up. 9) Tax rate is 30%. Prenare the following: intments Adiusted Trial Balance, Income Statement, 17. The trial balance of Davao Corporation at the end of its operation for 2014 is given below: DAVAO CORPORATION TRIAL BALANCE December 31, 2017 Cash P 180,000 Accounts Receivable 450,000 Estimated Uncollectible Accounts P P23,000 Inventory, January 1 220,000 Investment in Available for Sale Pepsico Shares 200,000 Land 800,000 Building 350,000 Accumulated Depreciation, Building 35,000 Furniture & Equipment 210,000 Accumulated Depreciation, Furniture & Equipment 42,000 Accounts Payable 380,000 Ten-Year Mortgage Payable (18% payable P25,000 250,000 every January 1) 12% Preference Share Capital, par P100 400,000 Ordinary Share Capital - par P100 800,000 Share Premium - Ordinary 80,000 Unrealized Gain on Revaluation of Land 20,000 150,000 Treasury Shares - Ordinary, 100 shares Retained Earnings -303,800 Sales 3,800,000 Sales Discounts 94,000 Purchases 3,446,000 Purchase Discounts 171,200 Freight-In 24,000 Office Salaries 36,000 Sales Salaries 72,000 Advertising Utilities Expense Rent Freight Out Insurance License and Taxes Interest Expense 18,000 1,650 20,350 5,400 14,600 11,200 1.800 P6,305.000 P6,305.000 Adjustments data: 1) Inventory, December 31, 2017, P550,000. 2) 10% of retained earnings was declared on December 31 as cash dividend payable on March 1, 2018 3) Depreciation rates: Equipment, 10% a year; Building, 5% a year. 4) Interest on the mortgage payable has not been recorded. 5) Unexpired insurance, P2,600. 6) Accrued Rent, P1,850. 7) Provision for Bad Debts, 1/2% of sales. 8) Appropriation Reserve for Treasury Shares was set up. 9) Tax rate is 30%. Prenare the following: intments Adiusted Trial Balance, Income Statement