pls help me to answer them all correctly for an upvote and positive ratings. thank u PLs i need the correct answer Note: Some tutors gave the incorrect and unfinished answers, i will report those. pls complete it. im having a hard time now. pls maam/sir ACTIVITIES. pls do it right plssss,

ACTIVITIES PLSSS?

ACTIVITY 10.1 Prepare the adjusting entry for the following independent transactions. 1. On January 1, 2017, equipment costing P600,000 has a useful life of five years with an P60,000 salvage value at the end of five years. Record the depreciation for the month ended. 2. On September 1, 2018, the company bought a 1-year fire insurance policy amounting to P24,000. The accountant initially recorded it as Prepaid Insurance. Prepare the adjusting entry for the year ended December 31, 2018. 3. Mario issued a promissory note amounting to P200,000, 5% interest per annum. Mario records all interest every month. Prepare the adjusting entry for the month of September 2017. 4. For the month of March 2016, Malasakit Company's books of account shows a debit balance on its Office Suplplies account the amount of P10,000. During the month, a total of P5,000 was purchased and was recorded to Office Supplies. By the end of the month, the total office supplies on hand amounts to P6,000. Record the necessary adjusting entry for the month 5. Luna Company received P24,000 representing advance payment for rental of an office space for 12 months. Assuming that Luna recorded the said amount as Rental Revenue and the lease is to start on March 1, record the adjusting entry to recognize the unearned revenue for March 2019.FINAL PERFORMANCE TASK The Chart of Accounts for Ryzen Computer Center appears below: Ryzen Computer Center Chart of Accounts Assets (100-199) Owner's Equity (300-399 111 Cash 311 Ryzen, Capital 112 Accounts Receivable 312 Ryzen, Withdrawals 114 Office Supplies 313 Income Summary 115 Prepaid Rent Revenue (400-499 121 Microsoft Teams Equipment 411 Word Processing Fees 122 Accumulated Depreciation Microsoft Teams Expenses(500-599) Equipment Liabilities (200-299) 511 Office Salaries Expense 211 Accounts Payable 512 Advertising Expense 212 Salaries Payable 513 Telephone Expense 514 Office Supplies Expense 515 Rent Expense 516 Depreciation Expense, Microsoft Teams Equipment The following transactions took place in May 2021: May 1 Ryzen began the business by investing P100,000 in cash. 1 Purchased Microsoft Teams Equipment from EmUSK Co. for P60,000 paying P10,000 and promising to pay the Balance within 30 days. 1 Rented office space paying P12,000 in advance for the first three months. 3 Purchased office supplies from Pandayan Bookshop. on account, P6,000. 7 Completed sales promotion flyers for a client and immediately collected P30,000. 13 Paid Office Salaries, P 6,500 18 Advertising bill from Media Co. comes in but is not paid, P2,500. 20 Ryzen wrote a check on the bank account of the business to pay his home mortgage of P6,250. 22 Billed Fast Finger Company for a special word processing job, P 50,000 28 Paid half of the amount owed for Microsoft Teams Equipment purchased on May 1 from EmUSK Co., P25,000 29 Received and paid telephone bill P2,200 31 On this date, the accountant (a) found out that company had only P1,000 worth supplies on hand; (b) realized That the company has two months prepaid rent; (c ) determine that the computer equipment should be depreciated over its 5 year useful life with estimated residual value of P12,000 and (d) determined that unpaid salary of P3,500 has not recorded. Required: 1. Analyze and journal the transactions for the May 2021 of Ryzen Computer Center. 2. Post the journal entries to the ledger. 3. Prepare the Trial Balance 4. Journalize the necessary adjusting entries 5. Prepare Worksheet. 6. Prepare the (a) Comprehensive Income Statement; (b) Statement of Changes in Equity and (c) Statement of Financial Position 7. Prepare the Closing Entries 8. Prepare the Post-Closing Trial Balance