DIRECTION: Prepare adjusting entries on the worksheet (10-column), complete the worksheet, the financial statements, closing entries, post-close trial balance and reversing entries, if any. All journal entries shall be written on a 2-column journal. Presented below is the unadjusted trial balance of Moises Dondoyano Information Systems for the year ended December 31, 2020. Moises Dondoyano Information Systems Unadjusted Trial Balance December 31, 2020 Credit Debit 45,000 360,000 156,000 63,000 300,000 1,590,000 254,000 2,150,000 Accounts Cash Notes receivable Accounts receivable Office supplies Land Building Accumulated depreciation - building Equipment Accumulated depreciation equipment Accounts payable Unearned consulting revenues Dondoyano, Capital, January 1 Dondoyano, Withdrawals Consulting revenues Salaries expense Repairs expense Miscellaneous expense Totals 612,000 213,000 450,000 2.655,000 600,000 2,108,000 875,000 116,000 37,000 6.292.000 6.292.000 Additional information: a. Office supplies on hand as at December 31, 2020 is P21,000. b. One-third of the uneared consulting revenues has been earned as at December 31, 2020. c. Depreciation for the year amounted to P38,000 for the building and P123,000 for the equipment. d. Salaries in the amount of P14,000 have accrued at year-end. e. The notes receivable was accepted from several customers. The note was issued on September 1, 2020 and will be settled together with a 20% interest on May 31, 2021