The adjusted trial balances of Vivian Asacta Wedding Planner as at Dec. 31, 2021, and Problem #11 Analyzing Accounts The adjusted trial balances of Vivian Asacta Wedding Planner as at Dec. 31, 2021, ame Nov. 30, 2021, include these amounts: Dec. 31, 2021 P 21,000 31,000 Nov. 30, 2021 P 15,000 Supplies Salaries Payable 37,000 Unearned Service Revenues 142,000 163,000 Analysis of the accounts revealed these transactions for December: Supplies purchased Salaries paid Cash received in advance for service revenues P 84,000 846,000 1,800,200 Required: Compute the amount of Supplies Expense, Salaries Expense, and Service Revenues to E reported on the Dec. 2021 income statement.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Problem #11
Analyzing Accounts
The adjusted trial balances of Vivian Asacta Wedding Planner as at Dec. 31, 2021, and
Nov. 30, 2021, include these amounts:
Nov. 30, 2021
P 15,000
Supplies
Salaries Payable
Dec. 31, 2021
P 21,000
31,000
142,000
37,000
Unearned Service Revenues
163,000
| Analysis of the accounts revealed these transactions for December:
P 84,000
Supplies purchased
Salaries paid
846,000
Cash received in advance for service revenues
1,800,200
| Required:
Compute the amount of Supplies Expense, Salaries Expense, and Service Revenues to be
| reported on the Dec. 2021 income statement.
Transcribed Image Text:Problem #11 Analyzing Accounts The adjusted trial balances of Vivian Asacta Wedding Planner as at Dec. 31, 2021, and Nov. 30, 2021, include these amounts: Nov. 30, 2021 P 15,000 Supplies Salaries Payable Dec. 31, 2021 P 21,000 31,000 142,000 37,000 Unearned Service Revenues 163,000 | Analysis of the accounts revealed these transactions for December: P 84,000 Supplies purchased Salaries paid 846,000 Cash received in advance for service revenues 1,800,200 | Required: Compute the amount of Supplies Expense, Salaries Expense, and Service Revenues to be | reported on the Dec. 2021 income statement.
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