Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2017 unadjusted trial balance of Business

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2017 unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2017) follows 5 Account Title Debit Credit No 101 Cash 106 Accounts receivable 126 Computer supplies S 38,864 12,718 2, 545 1, 980 2,960 8,100 points 82012 Prepaid insurance 02:38 20 131 Prepaid rent 163 office equipment 164 Accumulated depreciation-Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services zevenue eBook 21, 600 Print 307 Common atock 71,000 318 Retained earnings 319 Dividends 403 Computer services zevenue 5, B0D 612 Depreciation expense-office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent exper e 2, 525 652 Computer supplies expense 655 Advertising expense 676 Msleage expense 677 iscellaneous expenaea 684 Repairs expense-Computer 1, 628 240 755 200, 329 $100,329 Totals 2017 Business Solutions had the following transactions and events in December Dec. 2 Paid $965 cesh co Mazlaide Hall for Business Solutiona' share of nall adveresaing coaa. s Faid 540 cash tor ino repas to che donpany' a conputer. 1of 2 il Next>

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started