The following account balances (disarranged and unclassified as to debits and credits for problem solving purposes)

The next account balances (disarranged and unclassified as to debits and credit for drawback fixing functions) are 4 within the common ledger of the ABC TRADING as of Dec 31, 2019 after posting all of the transactions and occasions for the six months beginning June 1, 2019: Freight in P 6,700 Gross sales, Reductions 15,600 A, Capital 260,000 Money 75,100 Notes Receivable 10,000 Gross sales Returns and Allowances 15,200 Water and Electrical energy Expense 29,350 Accounts Payable 50,000 Retailer Hire Expense 30,000 Accounts Receivable 75,400 A, Drawing 24,000 Purchases 538,250 Supply Expense 9,100 Salaries Expense 30,000 Revenue Taxes Withheld Payable 240 Gross sales 779,100 Merchandise Stock, Starting 149,800 Workplace Gear 15,000 Buy Reductions 9,600 SSS and Philhealth Premiums Payable 585 Notes Payable 20,000 Buy Returns and Allowances 16,500 Taxes and Licenses three,000 Retailer Gear 80,000 Furnishings 12,000 SSS and Philhealth Expense 1,755 Phone Expense three,982 Miscellaneous Revenue three,212 Retailer Hire Deposit 15,000 Observe: All accounts are of their regular balances. Required: Current a trial stability as of December 31, 2019 from the above account balances. The accounts have to be correctly organized within the order they're offered within the monetary statements; i.e. Belongings, Liabilities, Capital, Income and Bills. (buy reductions and gross sales reductions are handled as deductions from gross purchases and product sales, respectively.) (5 POINTS) Put together a 12-column worksheet with the next headings: Unadjusted Trial Stability Changes Adjusted Trial Stability Value of Gross sales Assertion of Complete Revenue Assertion of Monetary Place (Use Spreadsheet, with or with out formulation) (5points) gadgets for adjustment (put together the adjusting entries, 5 factors) a. Property and tools are depreciated at 20% every year. b. electrical energy expense not but recorded quantities to 900 c. Observe payable was dated Nov 1, with 10% curiosity. Payable on March 31 subsequent 12 months. d. Notes receivable was dated October 1, with 10% curiosity. e. unpaid salaries whole 15,000 f. merchandise stock per rely P 50,000 three.Current an revenue assertion for the six months ended December 31, 2019. (5 factors) four.Current a Assertion of Monetary Place as of December 31, 2019.(5points)
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