Credit Debit $ 38,664 12,918 2,645 2,220 3,100 8,100 $ 23,200 No. 101 106 126 128 131 163 164 167 168 201 210 236 307 318 319 403 612 613 623 637 640 652 655 676 677 684 Account Title Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation-office equipment computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue Common stock Retained earnings Dividends Computer services revenue Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer Totals 69,000 @ 6,200 33,914 @ 2,450 0 1,688 694 230 805 $102,914 $102,914 Business Solutions had the following transactions and events in December 2019. Dec. 2 Paid $960 cash to Hillside Mall for Business Solutions share of mall advertising costs. 3 Paid $180 cash for minor repairs to the company's computer 4 Received $4,350 cash from Alex's Engineering Co. for the receivable from November 19 Paid cash to Lyn Addie for six days of work at the rate of $100 per day. 14 Notified by Alex's Engineering Co, that Business Solutions bid of $7,400 on a proposed project has been accepted. Alex's paid a $1,800 cash advance to Business Solutions. 15 Purchased $1,400 of computer supplies on credit from Harris Office Products 16 Sent a reminder to Gomez Co to pay the fee for services recorded on November 8. 20 Completed a project for Liu Corporation and received $5,675 cash. 22- Took the week off for the holidays 26 Received $3,100 cash from Gomez Co. on its receivable. 29 Heimbursed S. Rey for business automobile lewe (100 miles at 50:28 per wile). 31 The company paid $1,000 cash in dividends. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months. a. The December 31 Inventory count of computer supplies shows $590 still available. b. Three months have expired since the 12-month Insurance premium was paid in advance. c. As of December 31. Lyn Addie has not been pald for four days of work at $100 per day. d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. e. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value. 1. Three of the four months prepaid rent have expired, BUSINESS SOLUTIONS Post-Closing Trial Balance December 31, 2019 Debit Credit Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation - Office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue Common stock Retained earrings Totals 0 $ 0