Question
After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2021, unadjusted trial balance of
After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2021, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2021) follows. Number 101 Account Title Cash Debit $38,764 Credit 106 Accounts receivable 13,318 126 Computer supplies 2,545 128 Prepaid insurance 2,040 131 Prepaid rent 3,220 163 office equipment 8,500 -164 Accumulated depreciation-office equipment 167 Computer equipment 22,800 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 69,000 318 Retained earnings 319 Dividends 6,400 403 Computer services revenue 34,229 612 Depreciation expense-office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 2,375 637 Insurance expense 0 640 Rent expense 652 Computer supplies expense: 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 901 Repairs expense-Computer Incone summary Totals 1,678 644 230 715 $103,229 $103,229
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