Laboy Tayo Travel and Tours have the following ledger balances on December 31, 2023. Prepare the unadjusted Trial Balance Account Titles - Balances Accounts Payable - ₱ 300,000 Accounts Receivable - 100,000 Accumulated depreciation-Building - 600,000 Accumulated depreciation-Equipment - 200,000 Advertising Expense - 35,000 Allowance for bad debts - 20,000 Bad debts expense - 10,000 Building - 2,000,000 Cash - 280,000 Depreciation expense - 100,000 Equipment - 1,800,000 Land - 1,000,000 Miscellaneous expense - 2,000 Owner's Capital - 2,000,000 Owner's Drawings - 40,000 Prepaid Supplies - 20,000 Salaries Expense - 630,000 Salaries Payable - 60,000 Service Fees - 3,000,000 Supplies Expense - 30,000 Taxes and licenses - 60,000 Transportation and travel expenses - 70,000 Utilities expense - 23,000 Utilities payable - 20,000
Laboy Tayo Travel and Tours have the following ledger balances on December 31, 2023. Prepare the unadjusted
Account Titles - Balances
Accounts Payable - ₱ 300,000
Accumulated depreciation-Equipment - 200,000
Advertising Expense - 35,000
Allowance for
Bad debts expense - 10,000
Building - 2,000,000
Cash - 280,000
Depreciation expense - 100,000
Equipment - 1,800,000
Land - 1,000,000
Miscellaneous expense - 2,000
Owner's Capital - 2,000,000
Owner's Drawings - 40,000
Prepaid Supplies - 20,000
Salaries Expense - 630,000
Salaries Payable - 60,000
Service Fees - 3,000,000
Supplies Expense - 30,000
Taxes and licenses - 60,000
Transportation and travel expenses - 70,000
Utilities expense - 23,000
Utilities payable - 20,000
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