Unadjusted Trial Balance December 31, 2019 Cash 126,800 Accounts Receivable 28,200 Supplies 17,800 Prepaid Insurance 38,000 Land 960,000 Buildings 1,640,000 Accum. Depreciation- buildings 379,200 Equipment 1,060,000 Accum. Depreciation - equipment 336,000 Accounts Payable 43,200 Unearned Delivery Fees 42,000 Mortgage Payable 1,160,000 Beauty, Capital 1,432,600 Delivery Fees Earned 669,200 Salary Expense Telephone Expense 173,400 2,400 Utilities Expense Repairs Expense 7,000 8,600 Total 4,062,200 4,062,200 Adjustments: a. Supplies used P5,400 b. Expired insurance, P12,000 c. Depreciation on building, P10,000 d. Depreciation on equipment, P18,000 e. Unearned delivery fees earned this month, P26,000 f. Salaries earned but not yet paid, P3,600 g. Interest on the mortgage, P4,200 h. Delivery fees earned but not recorded and not received, P10,000

Unadjusted Trial Balance December 31, 2019 Cash 126,800 Accounts Receivable 28,200 Supplies 17,800 Prepaid Insurance 38,000 Land 960,000 Buildings 1,640,000 Accum. Depreciation- buildings 379,200 Equipment 1,060,000 Accum. Depreciation - equipment 336,000 Accounts Payable 43,200 Unearned Delivery Fees 42,000 Mortgage Payable 1,160,000 Beauty, Capital 1,432,600 Delivery Fees Earned 669,200 Salary Expense Telephone Expense 173,400 2,400 Utilities Expense Repairs Expense 7,000 8,600 Total 4,062,200 4,062,200 Adjustments: a. Supplies used P5,400 b. Expired insurance, P12,000 c. Depreciation on building, P10,000 d. Depreciation on equipment, P18,000 e. Unearned delivery fees earned this month, P26,000 f. Salaries earned but not yet paid, P3,600 g. Interest on the mortgage, P4,200 h. Delivery fees earned but not recorded and not received, P10,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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