11.30o SERIAL PROBLEM Business Solutions P2 P3 2. f. Depreciation expense for the year is s entered in the six-column table for part 1 Prepare journal entries for the adjustments that involve accruals 3. the emects of the adjusting described for J 4. Prepare journal entries to payments and cash collections to record the cash (This serial problem began Chapter I and continues through most of the book. previous chapter but ments were not completed, the serial the Working Papers that accompany the book) (reflecting its 4 The December adjusted trial balance of Business Solutions from October through December of 2015) follows. Debit Credit Account Title No. 48,372 loi Cash 5,668 106 Accounts receivable 126 Computer supplies l,665 128 Prepaid insurance 13I Prepaid rent 163 Office equipment 400 164 Accumulated depreciation-Office equipment 20.000 167 Computer equipment 168 Accumulated depreciation-Computer equipment 1,100 201 Accounts payable Icontinued on next page]