Question: Problems and requirements are attach file. WORK ON SHEETS: ANWAR COMPANY At the end of its first month of operation, Anwar Company has the following
Problems and requirements are attach file.

WORK ON SHEETS: ANWAR COMPANY At the end of its first month of operation, Anwar Company has the following unadjusted trial balance: ANWAR COMPANY August 31, 2X20 Trial Balance Cash P21,600 Accounts receivable 11,200 Supplies 5,200 Prepaid insurance 9,600 Equipment 240,000 Notes payable P160,000 Accounts payable 9,600 Common stock 120,000 Dividends 4.000 Service revenue 19,600 Salaries and wages expense 12,800 Utilities expense 3,200 Advertising 1,600 P309,200 P309,200 Additional information: The insurance expires at the rate of P800 per month. P4,000 of supplies are on hand at September 30. . . The monthly depreciation on the equipment is P3,600. The interest of P2,000 on the notes payable has accrued during September. Required: (3 items x 10 points) a) Prepare a worksheet. ) Prepare a classified balance sheet assuming P35,000 of the notes payable are long-term. C) Journalize the closing entries
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