Credit Debit $48,492 3,120 2,758 @ @ 760 1,962 875 8,100 $ 390 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 282 Accounts payable 218 Wages payable 236 Unearned computer services revenue 3e7 Comon stock 318 Retained earnings 319 Dividends 483 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 20,700 1,100 1,250 780 1,380 72,217 9,560 32 of 32 Saved UL 623 637 640 652 655 676 677 684 Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of 1/10,n/30, FOB shipping point, to all customers who purchase this merchandise. However, no cash discount is available on consulting fees. Additional accounts (Nos. 119, 413, 414, 415, and 502) are added to its general ledger to accommodate the company's new merchandising activities. Its transactions for January through March follow: Jan. 4 The company paid cash to Lyn Addie for five days' work at the rate of $195 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $24,200 cash in the company in exchange for more common stock. 7 The company purchased $7,200 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,758 cash from Gomez Co. as full payment on its account. 11 The company completed a five-day project for Alex's Engineering Co. and billed it $5,330, which is the total price of $6,710 less the advance payment of $1,380. The company debited Unearned Computer Services Revenue for $1,380. 13 The company sold merchandise with a retail value of $4,300 and a cost of $3,400 to Liu Corp., invoice dated January 13. 15 The company paid $660 cash for freight charges on the merchandise purchased on January 7. 16 The company received $4,180 cash from Delta Co. for computer services provided. 17 The company paid Kansas Corp. for the invoice dated January 7, net of the discount. 20 The company gave a price reduction (allowance) of $700 to Liu Corp., and credited Liu's accounts receivable for that amount. 22 The company received the balance due from Liu Corp., net of the discount and the allowance. 24 The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases (debited accounts payable). The defective merchandise invoice cost, net of the discount, was $486. 76 The romanu niha Gof merchandise from Kancernen with terms 1/10 na FOR Hestination 3. Prepare a 6-column work sheet that includes the unadjusted trial balance, the March 31 adjustments (a) through (g), and the adjusted trial balance. Do not prepare closing entries and do not journalize the adjustments or post them to the ledger BUSINESS SOLUTIONS Partial Work Sheet March 31, 2020 Unadjusted Trial Balance Cr. Adjustments Adjusted Trial Balance NO Account Title Dr. Dr. Cr. Dr. 101 Cash 108.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 FM CO. 106.5 Liu Corp 108.6 Gomez Co. 106.7 Delta Co. 108.8 KC Inc 106.9 Dream Inc. 110 Merchandise inventory 120 Computer supplies 126 Prepaid insurance 131 Prepaid rent Ofice equipment Accumulated depreciation Office equipment Computer equipment Acoumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 238 Uneamed computer services revenue 307 Common stoc 168 1201 210 236 307 Accumulated depreciation Computer equipment Accounts payable Wages payable Uneared computer services revenue Common stock Retained earings Dividends Computer services revenue Sales Sales returns and allowances 318 319 403 413 414 1415 Sales discounts 502 612 Cost of goods sold Depreciation expense_Office equipment Depreciation expense Computer equipment Wages expense 613 823 637 insurance e pense Pent expense 840 052 876 Computer supplies expense Advertising expense Mileage expense Miscelaneous expenses Repairs expense-Computer 684 Credit Debit $48,492 3,120 2,758 @ @ 760 1,962 875 8,100 $ 390 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 282 Accounts payable 218 Wages payable 236 Unearned computer services revenue 3e7 Comon stock 318 Retained earnings 319 Dividends 483 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 20,700 1,100 1,250 780 1,380 72,217 9,560 32 of 32 Saved UL 623 637 640 652 655 676 677 684 Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of 1/10,n/30, FOB shipping point, to all customers who purchase this merchandise. However, no cash discount is available on consulting fees. Additional accounts (Nos. 119, 413, 414, 415, and 502) are added to its general ledger to accommodate the company's new merchandising activities. Its transactions for January through March follow: Jan. 4 The company paid cash to Lyn Addie for five days' work at the rate of $195 per day. Four of the five days relate to wages payable that were accrued in the prior year. 5 Santana Rey invested an additional $24,200 cash in the company in exchange for more common stock. 7 The company purchased $7,200 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,758 cash from Gomez Co. as full payment on its account. 11 The company completed a five-day project for Alex's Engineering Co. and billed it $5,330, which is the total price of $6,710 less the advance payment of $1,380. The company debited Unearned Computer Services Revenue for $1,380. 13 The company sold merchandise with a retail value of $4,300 and a cost of $3,400 to Liu Corp., invoice dated January 13. 15 The company paid $660 cash for freight charges on the merchandise purchased on January 7. 16 The company received $4,180 cash from Delta Co. for computer services provided. 17 The company paid Kansas Corp. for the invoice dated January 7, net of the discount. 20 The company gave a price reduction (allowance) of $700 to Liu Corp., and credited Liu's accounts receivable for that amount. 22 The company received the balance due from Liu Corp., net of the discount and the allowance. 24 The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases (debited accounts payable). The defective merchandise invoice cost, net of the discount, was $486. 76 The romanu niha Gof merchandise from Kancernen with terms 1/10 na FOR Hestination 3. Prepare a 6-column work sheet that includes the unadjusted trial balance, the March 31 adjustments (a) through (g), and the adjusted trial balance. Do not prepare closing entries and do not journalize the adjustments or post them to the ledger BUSINESS SOLUTIONS Partial Work Sheet March 31, 2020 Unadjusted Trial Balance Cr. Adjustments Adjusted Trial Balance NO Account Title Dr. Dr. Cr. Dr. 101 Cash 108.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 FM CO. 106.5 Liu Corp 108.6 Gomez Co. 106.7 Delta Co. 108.8 KC Inc 106.9 Dream Inc. 110 Merchandise inventory 120 Computer supplies 126 Prepaid insurance 131 Prepaid rent Ofice equipment Accumulated depreciation Office equipment Computer equipment Acoumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 238 Uneamed computer services revenue 307 Common stoc 168 1201 210 236 307 Accumulated depreciation Computer equipment Accounts payable Wages payable Uneared computer services revenue Common stock Retained earings Dividends Computer services revenue Sales Sales returns and allowances 318 319 403 413 414 1415 Sales discounts 502 612 Cost of goods sold Depreciation expense_Office equipment Depreciation expense Computer equipment Wages expense 613 823 637 insurance e pense Pent expense 840 052 876 Computer supplies expense Advertising expense Mileage expense Miscelaneous expenses Repairs expense-Computer 684