Juana Dela Cruz started a cable television service, JDC Enterprises and during the first Additional...
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Juana Dela Cruz started a cable television service, JDC Enterprises and during the first Additional information (adjustments) as of Dec. 31: a. Office fumitures \& Transmitting equipment have estimated useful life of 3&5 years, respectively. b. Supplies on hand amounted to P3,300 c. Insurance for 3 months has been used. d. Unbilled service revenues performed in Dec, P44,800 e. The building has a useful life of 12 years. f. Utility bills last Oct were paid in December. g. Accrued salaries amounted to P7,500 h. Received water and telephone bills in the amount of P4,500 to be paid next month. i. Unearned service revenues as of Dec. amounted to P4,800 j. Unrecorded collection from credit customers, P12,500 Prepare the following as of December 31, 2022: 1. Adjusting Joumal Entries 2. Worksheet (use the Oct 31 Trial Balance prepared above as the Unadjusted T/B amounts) 3. Closing Entries 4. Post-Closing Trial Balance
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