EF Serial Problem - SP 2 2 Part 1 (120 minutes) Serial Problem, Business Solutions Dr 2018 5 Oct. 307 73,000 3,300 201 1,420 1 Cash 101 45,000 Office Equipment 163 8,000 Computer Equipment 167 20,000 Common Stock I Owner Invests cash & equipment for stock. 2 Prepaid Rent 131 3,300 Cash 101 Paid four months' rent in advance. 3 Computer Supplies 126 1,420 Accounts Payable Purchased supplies on credit. 5 Prepaid Insurance 128 2,220 Cash 101 Paid 12 months' premium in advance. 6 Accounts Receivable 106 4,800 Computer Services 403 Billed customer for services. 8 Accounts Payable 201 1,420 Cash 101 Paid balance due on account payable 10 No entry necessary in the journal. 12 Accounts Receivable 106 1,400 Trial balance Computer Services 403 2,220 4,800 1,420 Journal Entries General Ledge 1 ann Type here to search EF Serial Problem - SP 2 2 Part 1 (120 minutes) Serial Problem, Business Solutions Dr 2018 5 Oct. 307 73,000 3,300 201 1,420 1 Cash 101 45,000 Office Equipment 163 8,000 Computer Equipment 167 20,000 Common Stock I Owner Invests cash & equipment for stock. 2 Prepaid Rent 131 3,300 Cash 101 Paid four months' rent in advance. 3 Computer Supplies 126 1,420 Accounts Payable Purchased supplies on credit. 5 Prepaid Insurance 128 2,220 Cash 101 Paid 12 months' premium in advance. 6 Accounts Receivable 106 4,800 Computer Services 403 Billed customer for services. 8 Accounts Payable 201 1,420 Cash 101 Paid balance due on account payable 10 No entry necessary in the journal. 12 Accounts Receivable 106 1,400 Trial balance Computer Services 403 2,220 4,800 1,420 Journal Entries General Ledge 1 ann Type here to search