Adjusting Entries Page 1

Date Description P/R Debit Credit

2019
Dec 31 Supplies Expense ₱ 7 5 0 0 00
Supplies ₱ 7 5 0 0 00

31 Depreciation Expense 1 9 5 0 0 00
Accumulated Depreciation-Equipment 1 8 0 0 0 00
Accumulated Depreciation-Furniture & Fixtures 1 5 0 0 00

31 Salaries and Wages Expense 1 5 0 0 00

Salaries and Wages Payable 1 5 0 0 00

31 Interest Expense 3 0 0 0 00
Interest Payable 3 0 0 0 00

31 Rent Expense 3 0 0 0 0 00
Prepaid Rent 3 0 0 0 0 00

31 Bad Debt Expense 1 3 7 5 0 00

Allowance for Doubtful Accounts 1 3 7 5 0 00
Totals ₱ 7 5 2 5 0 00 ₱ 7 5 2 5 0 00