Prepare the adjusting entries for the following transactions:
EIM Services received a one-year note from a customer amounting to P300,000 with 8% interest on March 31, 2019. Record the adjusting journal entry at the end of December 31, 2019.

On October 30, 2020, ABM Accounting Services issued a 6-month note to e-Tech Co. amounting to P180,000, 15% interest.
On December 27, the company received a PELCO bill amounting to P3,250 that will be paid next year. Give the adjusting journal entry on December 31, 2020.
On January 1, 2019, SKL Co. paid P48,000 insurance premiums for two years. Prepare the adjusting journal entry on June 30, 2019. (Expense method)
The company purchased office supplies amounting to P8,500 on January 1, 2018. At the end of the year, unused office supplies amounted to P5,700. Give the adjusting journal entry on December 31, 2018.
On May 1, 2020, Dr. Miles received a P30,000 payment to be rendered for six months. Upon receipt, Dr. Miles credited the account title Dental Fees. Record the adjusting journal entry on June 30, 2020.
On December 1, 2019, Gardening Services received P24,000 as an advance payment for the service to be rendered for three months. Upon receipt of the cash, the company credited Unearned Revenue. Give the adjusting journal entry on December 31, 2019.
The Accounts Receivable has a balance of P65,000. The company estimates that 8% of this amount will be uncollectible. Record the adjusting journal entry on December 31, 2020.
The Service Revenue has a balance of P300,000 and half of this amount is rendered in cash. The company already recorded an Allowance for doubtful accounts of P9,000. Give the adjusting journal entry on December 31, 2020 if the provision for uncollectible accounts is 8%.
The company estimates that 6% of accounts receivable are doubtful of being collected. Accounts Receivable shows a balance of P90,000 and Allowance for doubtful accounts of P1,500. Give the adjusting journal entry on December 31, 2020.
On June 30, 2020, the company acquired a building for P3,200,000. The building has an estimated useful life of 25 years and an estimated salvage value of P200,000. Record the provision for depreciation on December 31, 2020.