Business Solutions Post closing Trial Balance December 31, 2018
Account Titles	Debits	Credits
	$	$
Cash	51,409
Accounts Receivable	4,968
Computer Supplies	610
Prepaid Insurance	1,620
Prepaid Rent	775
Office Equipment	8,300
Accumulated Depreciation: Office Equipment		415
Computer Equipment	22,000
Accumulated Depreciation: Computer Equipment		1,375
Accounts Payable		2,100
Wages Payable		460
Unearned Computer Services Revenue		1,800
Common Stock		69,000
Retained Earnings		14,532
Totals	$ 89,682	$ 89,682

Instructions: Analyze your results for Business Solutions. The information will be uploaded online. The following questions should be answered in your analysis, your writing must be in your own words:

1) Complete the accounting equation for Business Solutions using the dollar amounts in this format: $______ = $_______ + $_____________

2) In discussing Business Solutions latest financial statements, you as the manager say that it is the results on the bottom line that really count. What do you mean by bottom line results? Which financial statement will you focus on for your answer? Are the results reflected on the financial statement satisfactory? Explain your answer.

3) Does Business Solutions have enough cash to pay all of its year end liabilities? Please list the cash amount and the total liability amount, include the excess cash amount or shortfall with your explanation if there is or is not enough cash to pay its liabilities.

4) Does Business Solutions need to improve its bottom line results? If improvement is needed, explain and provide one idea for improvement. If improvement is not needed, explain why and make one suggestion that could be beneficial to the company next