Problem 11 Rosalie Balhag Cleaners

Trial Balance Unadjusted Entries

Sept. 30, 2019 Debit Credit
Cash ₱ 117,880.00
Accounts Recievable ₱ 264,940.00
Prepaid Insurance ₱ 34,000.00
Cleaning Supplies ₱ 73,740.00
Land ₱ 180,000.00
Building ₱ 1,850,000.00
Accumulated-Depreiation Building ₱ 456,000.00
Accounts Payable ₱ 204,000.00
Unearned Cleaning Revenues ₱ 16,000.00
Mortage Payable ₱ 1,100,000.00
Balhag. Capital ₱ 565,600.00
Balhag. Withdrawal's ₱ 100,000.00
Cleaning Revenues ₱ 1,576,340.00
Salaries Expense ₱ 1,013,300.00
Cleaning Equipment Rental Expense ₱ 60,000.00
Delivery Truck Expense ₱ 43,740.00
Interest Expense ₱ 110,000.00
Other Expenses ₱ 70,340.00
Insurance Expense
Cleaning Supplies Expense
Depreciation Expense
Interest Payable
Salaries Payable
TOTAL ₱ 3,917,940.00 ₱ 3,917,940.00
 Adjusted Entries Adjusted Trial Balance Income Statement
Debit Credit Debit Credit Debit Credit
₱ 117,880.00
₱ 264,940.00
₱ 27,200.00 ₱ 6,800.00
₱ 61,300.00 ₱ 12,440.00
₱ 180,000.00
₱ 1,850,000.00
₱ 128,000.00 ₱ 584,000.00
₱ 204,000.00
₱ 4,000.00 ₱ 12,000.00 ₱ 12,000.00
₱ 1,100,000.00
₱ 565,600.00
₱ 100,000.00
₱ 4,000.00 ₱ 1,580,340.00 ₱ 1,580,340.00
₱ 16,800.00 ₱ 1,030,100.00 ₱ 1,030,100.00
₱ 60,000.00 ₱ 60,000.00
₱ 43,740.00 ₱ 43,740.00
₱ 10,000.00 ₱ 120,000.00 ₱ 120,000.00
₱ 70,340.00 ₱ 70,340.00
₱ 27,200.00 ₱ 27,200.00 ₱ 27,200.00
₱ 61,300.00 ₱ 61,300.00 ₱ 61,300.00
₱ 128,000.00 ₱ 128,000.00 ₱ 128,000.00
₱ 10,000.00 ₱ 10,000.00
₱ 16,800.00 ₱ 16,800.00
₱ 247,300.00 ₱ 247,300.00 ₱ 4,072,740.00 ₱ 4,072,740.00 ₱ 1,540,680.00 ₱ 1,592,340.00
₱51,660.00
 Balance Sheet
Debit Credit
₱ 117,880.00
₱ 264,940.00
₱ 6,800.00
₱ 12,440.00
₱ 180,000.00
₱ 1,850,000.00
₱ 584,000.00
₱ 204,000.00

₱ 1,100,000.00
₱ 565,600.00
₱ 100,000.00

₱ 10,000.00
₱ 16,800.00
₱ 2,532,060.00 ₱ 2,480,400.00
₱ 51,660.00
Problem 12 Madelyn Railubin Travel Agency

Trial Balance Unadjusted Entries Adjusted Entries

Dec. 31, 2019 Debit Credit Debit
Cash ₱ 126,000.00
Accounts Recievable ₱ 645,000.00
Prepaid Rent ₱ 360,000.00
Office Supplies ₱ 63,000.00
Furniture ₱ 2,175,000.00
Accumulated-Depreiation ₱ 435,000.00
Notes Payable ₱ 900,000.00
Accounts Payable ₱ 285,000.00
Salaries Payable
Interest Payable
Railubin, Capital ₱ 1,680,000.00
Railubin, Withdrawals ₱ 1,200,000.00
Travel Revenues ₱ 5,133,000.00
Salaries Expense ₱ 3,771,000.00 ₱ 105,000.00
Rent Expense ₱ 120,000.00
Office Supplies Expense ₱ 36,000.00
Depreciation Expense ₱ 75,000.00
Interest Expense ₱ 54,000.00
Miscellaneous Expense ₱ 93,000.00
TOTAL ₱ 8,433,000.00 ₱ 8,433,000.00 ₱ 390,000.00
Adjusted Entries Adjusted Trial Balance Income Statement
Credit Debit Credit Debit Credit
₱ 126,000.00
₱ 645,000.00
₱ 120,000.00 ₱ 240,000.00
₱ 36,000.00 ₱ 27,000.00
₱ 2,175,000.00
₱ 75,000.00 ₱ 510,000.00
₱ 900,000.00
₱ 285,000.00
₱ 105,000.00 ₱ 105,000.00
₱ 54,000.00 ₱ 54,000.00
₱ 1,680,000.00
₱ 1,200,000.00
₱ 5,133,000.00 ₱ 5,133,000.00
₱ 3,876,000.00 ₱ 3,876,000.00
₱ 120,000.00 ₱ 120,000.00
₱ 36,000.00 ₱ 36,000.00
₱ 75,000.00 ₱ 75,000.00
₱ 54,000.00 ₱ 54,000.00
₱ 93,000.00 ₱ 93,000.00
₱ 390,000.00 ₱ 8,667,000.00 ₱ 8,667,000.00 ₱ 4,254,000.00 ₱ 5,133,000.00
₱879,000.00
 Balance Sheet
Debit Credit
₱ 126,000.00
₱ 645,000.00
₱ 240,000.00
₱ 27,000.00
₱ 2,175,000.00
₱ 510,000.00
₱ 900,000.00
₱ 285,000.00
₱ 105,000.00
₱ 54,000.00
₱ 1,680,000.00
₱ 1,200,000.00

₱ 4,413,000.00 ₱ 3,534,000.00
₱ 879,000.00