Complete the unadjusted, adjusted, adjusted trial balance, income statement, and balance sheet, please. Thank you.
Problem 30
Items for adjustments at May 31, 2019:
1. Supplies on hand are P5,000.
2. Depreciation expense for furniture and fixtures and equipment is P2,500 and P4,000, respectively.
3. Accrued salary amounts to P3,000. Accrued utilities expense amounts to P500.
Provided below is the:
Cash: $50,000.00
Supplies: P7,500.00
Accumulated Depreciation: $6,000.00
Accounts Payable: $29,000.00
Salaries Payable: $2,500.00
Utilities Payable: $300.00
Total: $231,000.00
Equities: $86,300.00
Total: P286,300.00
The following transactions took place in May 2019:
May 2: Services for cash, P10,000.
May 4: Ella, capital for P25,000 cash.
May 26: Ordered catering services for P15,000 cash.
May 31: Paid utilities expense, P1,500.
Requirements:
Total: __
