Please include manual computation, thank you! ? The following are the balances of...
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Please include manual computation, thank you!
? The following are the balances of the ledger accounts of Balagbag Transit owned and operated by Marcelino Banez, after a year of operation ended September 30, 2020. Supplies Expense P 3,000 Fares Earned P 2,450,000 Trucks 7,500,000 Utility Expense 140,000 Cash 153,500 Accumulated Depreciation-trucks 72,000 Gas and Oil Expense 150,000 Accumulate Depreciation - furniture and equipment 3,400 Accounts Payable 10,000 Rent Expense 120,000 Notes Payable 50,000 Banez, Capital 1,486,600 Depreciation Expense 75,400 Salary Expense 450,000 Mortgage Payable 4,885,400 Interest Expense 70,000 Salaries Payable 4,500 Insurance Expense 11,250 Repairs and Maintenance 88,000 Prepaid Insurance 4,750 Banez, Drawing 15,000 Office Supplies Unused 500 Equipment 180,500 Required: Total Assets Total Liabilities Total Proprietorship Revenue Expenses
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