Please answer #6 , #8 , and #15 only.

ADJUSTING ENTRIES prepare the adjusting entries for the following independent cases on December 31, 2021, unless the transaction provides another year-end. Omit explanation. 1. Arizona Restaurar holds a 150-day note for P75,000.dated September 2, 2021 The principal amo and interest on the are collectible un maturity 2. October 15, 201, Colosao Janitorial Services orrowed money from the bank amounting to P100,000 by issuing a 6-mem 15% note for the amount. Both principal amount and intereste to be paid upon majority of the note. 3. Horide Telecommunication incurs salaries for its 18 contencial employees at the rate of P750 per day/employee. Saries have not yet been paid for 4 days as of December 31, 2021. 4. Ge People's Inn mares its tenants the following rate 500 per day for sient occupos P5,000 per month for the monthly enante As of December 21, the firm has not eeved yet the payment of five (5) transient cupants for the period December 2021. 5. waii Catering Services is entitled to 15% commission which is always received on the day following the month of sale, based its montay sale the products of Gourmet Corporation. Sales of Por Gourmet product for the two months of 20 are as follows november, P37, Decembr F420,000. 6. Indiana Company received advance rental for 30 months amounting to P168,000 to take effect starting March 15, 2021. The amount was credited to a liability account. 7. Louisiana Ph balance of copying ter's Off Supplies or January 500 urolasessun mes oring 21 he or amounted to P35,5% while w ure or defeive suppli mounted 4,250. At year end, supplies 0,760 remoir unused. 8. Prepaid Advertising for P180,000 was debited by Maryland Hillside Hotel on May 1, 2021 for a 2-year advertising contract. 9. Hiligaynon Magazine credited neared Subscmption for P80,000 sentin advance collection during the year to subscribers of monthlgazing end of year, 60% e amount heady been med. ADJUSTING ENTRIES prepare the adjusting entries for the following independent cases on December 31, 2021, unless the transaction provides another year-end. Omit explanation. 10. Nebraska Landscaping Sentes paid in avance the interest its 120-d2% more for P4,000 issuedo creditor on January 18, 202 un debite ine mount to Prepaid Interes. The firm repare its financial stevement on March 31 of eve fiscal ear. OHO Tailoring bought a brand new serving machin on June 15 2021 for P148,000 The asset as an stimate usefor life of 10 years and avage value of 10% one pur hasenice. 12 xas Pricing Shop bought printing Machine on March 31, 20210180,000. On September 1, 201 e firm ought additional two naming machines a P100,000 each, ise polic of the firm to deprece its ed asset af anual depreciation rate 20%th salvage value of 10% of orialwar cost 13. West Virginia Urbo Care estimatess on gecounts at 10% Accounts Receivable. As of December 1, 202, its total acounts receivable amounts to 20,000 and the balance of the allowance for doubtful count mounts to P25,000 efe adjustment 14. Muri General Services h 35,000 outstanding customer accounts and allowance for doubtful aconts of P4,250 anuary 201. Diving the year, the firm endered P500 worth of sees, 25% which is on ash besis, also ected P550 during the year. on Thomparimate accounts at 5 of year-end acnts recei e bala 15. Venus Beauty Parlor has not yet paid the following expenses at year-end: MERALCO, P37,400; Maynilad, P15,600; and PLDT, P7,500. ADJUSTING ENTRIES prepare the adjusting entries for the following independent cases on December 31, 2021, unless the transaction provides another year-end. Omit explanation. 1. Arizona Restaurar holds a 150-day note for P75,000.dated September 2, 2021 The principal amo and interest on the are collectible un maturity 2. October 15, 201, Colosao Janitorial Services orrowed money from the bank amounting to P100,000 by issuing a 6-mem 15% note for the amount. Both principal amount and intereste to be paid upon majority of the note. 3. Horide Telecommunication incurs salaries for its 18 contencial employees at the rate of P750 per day/employee. Saries have not yet been paid for 4 days as of December 31, 2021. 4. Ge People's Inn mares its tenants the following rate 500 per day for sient occupos P5,000 per month for the monthly enante As of December 21, the firm has not eeved yet the payment of five (5) transient cupants for the period December 2021. 5. waii Catering Services is entitled to 15% commission which is always received on the day following the month of sale, based its montay sale the products of Gourmet Corporation. Sales of Por Gourmet product for the two months of 20 are as follows november, P37, Decembr F420,000. 6. Indiana Company received advance rental for 30 months amounting to P168,000 to take effect starting March 15, 2021. The amount was credited to a liability account. 7. Louisiana Ph balance of copying ter's Off Supplies or January 500 urolasessun mes oring 21 he or amounted to P35,5% while w ure or defeive suppli mounted 4,250. At year end, supplies 0,760 remoir unused. 8. Prepaid Advertising for P180,000 was debited by Maryland Hillside Hotel on May 1, 2021 for a 2-year advertising contract. 9. Hiligaynon Magazine credited neared Subscmption for P80,000 sentin advance collection during the year to subscribers of monthlgazing end of year, 60% e amount heady been med. ADJUSTING ENTRIES prepare the adjusting entries for the following independent cases on December 31, 2021, unless the transaction provides another year-end. Omit explanation. 10. Nebraska Landscaping Sentes paid in avance the interest its 120-d2% more for P4,000 issuedo creditor on January 18, 202 un debite ine mount to Prepaid Interes. The firm repare its financial stevement on March 31 of eve fiscal ear. OHO Tailoring bought a brand new serving machin on June 15 2021 for P148,000 The asset as an stimate usefor life of 10 years and avage value of 10% one pur hasenice. 12 xas Pricing Shop bought printing Machine on March 31, 20210180,000. On September 1, 201 e firm ought additional two naming machines a P100,000 each, ise polic of the firm to deprece its ed asset af anual depreciation rate 20%th salvage value of 10% of orialwar cost 13. West Virginia Urbo Care estimatess on gecounts at 10% Accounts Receivable. As of December 1, 202, its total acounts receivable amounts to 20,000 and the balance of the allowance for doubtful count mounts to P25,000 efe adjustment 14. Muri General Services h 35,000 outstanding customer accounts and allowance for doubtful aconts of P4,250 anuary 201. Diving the year, the firm endered P500 worth of sees, 25% which is on ash besis, also ected P550 during the year. on Thomparimate accounts at 5 of year-end acnts recei e bala 15. Venus Beauty Parlor has not yet paid the following expenses at year-end: MERALCO, P37,400; Maynilad, P15,600; and PLDT, P7,500