1. Prepare a ten-column work sheet for the year ended June 30, 2011 using the following data for adjustment:a. Insurance expense on automobile for the year is P 14,400.b. Rent expense for the year is...

1. Prepare a ten-column work sheet for the year ended June 30, 2011 using the following data for adjustment:a. Insurance expense on automobile for the year is P 14,400.b. Rent expense for the year is P 72,00,c. Depreciation expense are: Office Equipment, P10,800, Automobile, P48,000.d. Salaries incurred but unpaid as of June 30 amounts to P 9,990.e. Supplies on hand as of June 30, P 3,000. f. The unearned management fees were received and recorded on April 1, 2021. The advance payment covered six month's management of an apartment building.g Accrued interest on notes payable, P 15,000.2. Prepare the following financial statementsa. Statement of Incomeb. Statement of Owner's Equityc. Statement of Financial Position

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