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how to I post to the general ledger? ignore question 2. this is question 3. 3. Selected ledger account balances for Business Solutions follow. Office
how to I post to the general ledger?
ignore question 2. this is question 3.
3. Selected ledger account balances for Business Solutions follow. Office equipment Accumulated depreciation Office equipment Computer equipment Accumulated depreciation-Computer equipment Total revenue Total assets For Three Months Ended December 31, 2021 $ 7,800 390 14,000 875 31,334 83,160 For Three Months Ended March 31, 2022 $ 7,800 780 14,000 1,750 45,000 120,468 Required: 1. Assume that Business Solutions does not acquire additional office equipment or computer equipment in 2022. Compute amounts for the year ended December 31, 2022, for Depreciation expense-Office equipment and for Depreciation expense--Computer equipment (assume use of the straight-line method). 2. Given the assumptions in part 1, what is the book value of both the office equipment and the computer equipment as of December 31, 2022? 3. Compute the three-month total asset turnover for Business Solutions as of March 31, 2022. All answers may be written below. Please indicate 1, 2, and 3. General Journal ffor Questions 2 and 3) Date Account DebitStep by Step Solution
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