Name: Terrence John A. Gonzales Section: ABM 11 – Weber
Prepare the journal entries to record the following adjustment information of September 30,
2019 and at the same time the Adjusted Trial Balance. Write your answer in a two-column
journal and in an 8-column worksheet.
a. One month of scheduled advertising appeared in the school newspaper in the amount
of P150.
b. An inventory of Ironing supplies revealed approximately P50 onhand.
c. Depreciation was taken on equipment with a useful life of 5 years. Ironing equipment
costs P600.
d. On Thursday, October 1, Linda would pay her first employee, who worked
Tuesday and Thursdays, P120 for the week.
e. Ironing services for one of the two students who had paid in advance had been
performed as of 9/30/2019.
f. On Tuesday, September 29, services had been finished for 2 students who promised to
pay P50 each on 10/5/2019
