Under the Revised Chart of Accounts (2019), the following are the expense accounts for: Utility Expenses a. Water Expenses b. Electricity Expenses c. Gas/Heating Expenses d. Other Utility Expenses General Services a. Environment/Sanitary Services b. Janitorial Services c. Security Services d. Other General Services Agency A issued MDS checks for the following payments : 1. Meralco bill - P150,000.00 2. Maynilad bill - P70,000.00 3. Tagalinis Janitorial Services - P250,000.00 4. Tagabantay Security Services - P300,000.00 What is the accounting entry to be recorded in Journal Entry Voucher (JEV) for the above transactions?

Clark's Chemical Company received customer deposits on returnable containers in the amount of OMR 17,000 during 2019. Deposits are forfeited if containers are not returned within 12 months. Containers at January 1, 2019, represent deposit of OMR 4,000. In 2019, OMR 15,000 was refunded and deposits forfeited were OMR 2,000. The liability for refundable deposits to be reported on the December 31, 2019 would be:   Select one: A. 4,000 B. 2,000 C. 9,000 D. 11,000

Prepare the journal entries, with appropriate journal entry descriptions, for 2020, including any required year-end adjusting entries.The company prepares annual adjusting entries.