HELLO URGENT PLS HELP ME WITH THIS Directions: Prepare adjusting entries for the following; take note that the company is using the calendar year.

1. The cost of electricity used for the month of December 2018 is P4,000. The electricity bill was received and paid in January 2019.

2. Employees earned total salaries of P100,000 in December 2018. However, the salaries were paid only in January 2019.