Moises Dondoyano Information Systems Company
Unadjusted Trial Balance Adjustments
Dec. 31, 2014
Debit Credit Debit
Cash ₱ 45,000.00
Notes Receivable ₱ 360,000.00
Accounts Receivable ₱ 156,000.00
Office Supplies ₱ 63,000.00 (a)
Land ₱ 300,000.00
Building ₱ 1,590,000.00
Accumulated Depreciation - Building ₱ 254,000.00
Equipment ₱ 2,150,000.00 (c)
Accumulated Depreciation - Equipment ₱ 612,000.00 (c)
Accounts Payable ₱ 213,000.00
Unearned Consulting Revenues ₱ 450,000.00 (b) ₱ 150,000.00
Dondoyano, Capital, 1/1/2014 ₱ 2,655,000.00
Dondoyano, Withdrawals ₱ 600,000.00
Consulting Revenues ₱ 2,108,000.00 (b)
Salaries Expense ₱ 875,000.00 (d) ₱ 14,000.00
Repairs Expense ₱ 116,000.00
Miscellaneous Expense ₱ 37,000.00
Totals ₱ 6,292,000.00 ₱ 6,292,000.00
Office Supplies Expense (a) ₱ 42,000.00
Depreciation Expense - Building (c) ₱ 38,000.00
Depreciation Expense - Equipment (c) ₱ 123,000.00
Accrued Salaries Payable (d)
Interest Expense (e)
Accrued Interest Payable (e)
₱ 367,000.00
A. Office supplies on hand as at Dec. 31, 2014 is P21,000
B. One-third of the unearned revenues has been earned as at Dec. 31,2014
C. Depreciation for the year amounted to P38,000
Adjustments Adjusted Trial Balance Income Statement Balance Sheet
Credit Debit Credit Debit Credit Debit Credit
₱ 45,000.00
₱ 360,000.00
₱ 156,000.00
₱ 42,000.00 ₱ 21,000.00
₱ 300,000.00
₱ 1,590,000.00
₱ 38,000.00 ₱ 292,000.00
₱ 2,150,000.00
₱ 123,000.00 ₱ 735,000.00
₱ 213,000.00
₱ 300,000.00
₱ 2,655,000.00
₱ 600,000.00
₱ 150,000.00 ₱ 2,258,000.00
₱ 889,000.00
₱ 116,000.00
₱ 37,000.00
₱ 42,000.00
₱ 38,000.00
₱ 123,000.00
₱ 14,000.00 ₱ 14,000.00
₱ 367,000.00 ₱ 6,467,000.00 ₱ 6,467,000.00
