Mr. Juan Lopez launched Lopez Fiesta Mart on December 1, 2022 with a cash investment of ₱220,000. The following are additional transactions for the month: 2Mr. Lopez invested equipment for the business worth ₱30,000. 3Bought supplies on account for ₱12,600. 4Acquired a service vehicle costing ₱75,000. A payment of ₱33,000 cash was made and a promissory note was given for the remainder, payable for 6 equal monthly installment. 5Purchased merchandise from JKL Enterprises ₱45,500, Term, 3/20, n/30. 8Paid ₱1,200 delivery charge for December 5 purchase. 10Sold merchandise on account ₱37,000, Term, 3/10, n/30. Cost of Merchandise, ₱25,000. 11Paid ₱700 freight for December 10 transaction. 13Returned defective merchandise to JKL Enterprises amounting to ₱8,500. 15Paid salaries, ₱12,300 16Signed a promissory note for ₱25,000 loaned amount from Commonwealth Bank. 17Received returned merchandise from customers on December 10, ₱4,000. 18Paid ₱7,600 of the amount owed from the December 3 transaction. 19Purchase additional groceries from QR Supermarket amounting to ₱86,000. 20Collected full settlement of customer from December 10 sale. 22₱21,450 cost of merchandise was sold for ₱38,750. 25Settled account to JKL Enterprises. 26Cash received, ₱10,000 and a promissory note for ₱25,000 for merchandise sold to a key customer. Cost of merchandise, ₱28,000. 27Mr. Lopez withdrew ₱20,000 cash from the business. 29Paid telephone expense, ₱2,300. 30Paid building rentals for the month, ₱5,200. 30Paid the first installment of the note payable on Service Vehicle. 31Paid Salaries ₱11,300, net of the following deductions: SSS, ₱380; Pag-IBIG, ₱100; Philhealth, ₱220 The Merchandise Inventory at the end of the of the month is ₱48,000. Additional information for year-end adjustments. Ø The useful life of the equipment is 5 years with no salvage value. -The useful life of the service vehicle is 10 years with no salvage value. -Remaining unused supplies worth ₱9,100. Use asset method. Question: 1. Prepare the Adjusted Trial Balance