Professional Documents
Culture Documents
Adjusting entries Problems 2022 Performance Task
Adjusting entries Problems 2022 Performance Task
Cash 50,575.00
Accounts Receivable 18,500.00
Allowance for Bad Debts 1,200.00
Merchandise Inventory 103,505.00
Supplies 750.00
Furniture & Fixtures 27,000.00
Accumulated Depreciation-Furniture 2,700.00
Equipment 15,000.00
Accumulated Depreciation- Equipment 1,900.00
Notes Payable 20,000.00
Accounts Payable 5,770.00
Withholding Taxes Payable 875.00
SS Premiums Payable 525.00
Philhealth Premiums Payable 350.00
Cases, Capital 167,010.00
Cases, Drawings 1,000.00
SPA Sales 123,500.00
Purchases 52,500.00
Repair Expense 1,500.00
Advertising Expense 6,000.00
Transportation Expense 2,900.00
Rent Expense 20,000.00
Salaries Expense 17,500.00
Taxes Expense 2,000.00
Utilities Expense 6,600.00
Rent Income 1,500.00
325,330.00 325,330.00