I need help in making sure im doing this correct!! please help!!

Serial Problem Business Solutions LO P1, P2, P3, P4 (The following information applies to the questions displayed below.) Santana Rey created Business Solutions on October 1, 2019. The company has been successful, and its list of customers has grown. To accommodate the growth, the accounting system is modified to set up separate accounts for each customer. The following chart of accounts includes the account number used for each account and any balance as of December 31, 2019. Santana Rey decided to add a fourth digit with a decimal point to the 106 account number that had been used for the single Accounts Receivable account. This change allows the company to continue using the existing chart of accounts. Credit Debit $48,532 0 0 0 3,100 0 2,848 0 0 0 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 105.3 Tasy Leasing 106.4 TFN 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 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividende 403 Computer services revenue 413 Sales 414 Sales returns and allowances 415 Sales discounts 502 Cost of goods sold 660 1,989 925 8,100 $ 340 20,100 1,150 1,160 780 1,360 73,404 8,060 0 0 0 0 0 Prey 1 2 WS 3 6 of 6 Next > Credit Debit $48,532 3,100 6 2,848 0 660 1,989 925 8,100 $ 340 20,100 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 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 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 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer 1,150 1,160 780 1,360 73,404 8,060 OOOOOOOO OOO Prey 1 2 CD 3 6 of 6 Next > In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of 110, 1/30, 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. s Santana Rey invested an additional $23,400 cash in the company in exchange for more common stock. 7 The company purchased $6,300 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,848 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 $5,490, which is the total price of $6,850 less the advance payment of $1,360. The company debited Unearned Computer Services Revenue for $1,360. 13 The company sold merchandise with a retail value of $4,100 and a cost of $3,410 to Liu Corp., invoice dated January 13. 15 The company paid $750 cash for freight charges on the merchandise purchased on January 7. 16 The company received $4,000 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. 26 The company purchased $9,800 of merchandise from Kansas Corp. With terms of 1/10, n/30, FOB destination, invoice dated January 26. 26 The company sold merchandise with a $4,590 cost for $5,860 on credit to xc, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addie for 10 days' work at $195 per day. Feb. 1 The company paid $2,775 cash to Hillside Mall for another three months' rent in advance. 3. The company paid Kansas Corp. for the balance due, net of the cash discount, less the $486 credit from merchandise returned on January 24. 5 The company paid $450 cash to Facebook for an advertisement to appear on February 5 only. 11 The company received the balance due from Alex's Engineering co. for fees billed on January 11. 15 The company paid a $4,610 cash dividend. 23 The company sold merchandise with a $2,640 cost for $3,310 on credit to Delta Co., Invoice dated February 23. 26 The company paid cash to Lyn Addie for eight days' work at $195 per day. 27 The company reimbursed Santana Rey $192 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense. Mar. 8 The company purchased $2,830 of computer supplies from Harris Office Products on credit with terms of Prev 1 2 SM 3 6 of 6 Next > Mar. 26 The company sold merchandise with a $4,590 cost for $5,860 on credit to ko, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addio for 10 days' work at $195 per day. Feb. 1 The company paid $2,775 cash to Hillside Mall for another three months' rent in advance. 3 The company paid Kansas Corp. for the balance due, net of the cash discount, less the $486 credit fron merchandise returned on January 24. 5 The company paid $450 cash to Facebook for an advertisement to appear on February 5 only. 11 The company received the balance due from Alex's Engineering Co. for fees billed on January 11. 15 The company paid a 54,610 cash dividend. 23 The company sold merchandise with a $2,640 cost for $3,310 on credit to Delta Co., invoice dated February 23. 26 The company paid cash to Lyn Addie for eight days work at $195 per day. 27 The company reimbursed Santana Rey $192 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense. 8 The company purchased $2,B30 of computer supplies from Harris Office Products on credit with terms of n/30, Foa destination, invoice dated March 8. 9 The company received the balance due from Delta Co. for merchandise sold on February 23. 11 The company paid $850 cash for minor repairs to the company's computer. 16 The company received $5,370 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due of $3,990 to Harris office Products, consisting of amounts created on December 15 (of $1,160) and March 8. 24 The company billed Easy Leasing for $9,147 of computing services provided. 25 The company sold merchandise with a $2,172 cost for $2,860 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,048 cost for $2,280 on credit to IPM Company, invoice dated March 30. 31 The company reimbursed Santana Rey $128 cash for business automobile mileage. The company recorded the reimbursement as Mileage Expense." The following additional facts are available for preparing adjustments on March 31 prior to financial statement preparation: a. The March 31 amount of computer supplies still available totals $2,085. b. Prepaid Insurance coverage of $663 expired during this 3-month period. c. Lyn Addle has not been paid for seven days of work at the rate of $195 per day. d. Prepaid rent of $2,775 expired during this 3-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1150, 1. Depreciation on the office equipment for January 1 through March 31 is $340, g. The March 31 amount of merchandise inventory still available totals $664 Prey 1 2 3 6 of 6 !!! Next > 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 Dr. Cr. Adjustments Adjusted Trial Balance Dr. Cr. Dr. Cr. No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 FM Co. 106.5 L 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 Required information 163 Office equipment 164 Accumulated depreciation Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Salos roturns and allowances 415 Sales discounts 502 Cost of goods sold 512 Depreciation expense-Office equipment 613 Depreciation expense Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplios expenso 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense--Computer Totals 0 0 0 0 0 Required information 4. Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format List all expenses without differentiating between seling expenses and general and administrative expenses (b) Use a multiple-step format that begins with gross sales (service revenues plus gross product sales) and includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. Categorize the following accounts as selling expenses: Wages Expense, Mileage Expense, and Advertising Expense. Categorize the remaining expenses as general and administrative. Complete this question by entering your answers in the tabs below. Required 4A Required 4B Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format. List all expenses without differentiating between selling expenses and general and administrative expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues Computer services revenue 0 Total revenues Expenses Sales returns and allowances Required information Required 4A Required 4B Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format. List all expenses without differentiating between selling expenses and general and administrative expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues Computer services revenue 0 Total revenues Expenses Sales returns and allowances Sales discounts Cost of goods sold Mileago expense Repairs expense Computer Wages expense Insurance expenso Rent expense Computer supplies expense Advertising expense 0 Total expenses $ 0 BRE Saved Required information Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (6) Use a multiple step format that begins with gross sales (service revenues plus gross product sales) and includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. Categorize the following accounts as selling expenses: Wages Expense, Mileage Expense, and Advertising Expense. Categorize the remaining expenses as general and administrative, Show less 6 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 0 25 Net sales 0 0 Expenses Selling expenses Total seling expenses General and administrative expenses CAUSD a Uecidi di Required information 4 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Part 4 of 6 0 Net sales 0 oints 0 eBook Expenses Seling expenses Print References 0 Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total expenses 0 0 S CD 1 a. The March 31 amount of computer supplies still available totals $2,085. b. Prepaid Insurance coverage of $663 expired during this 3-month period. c. Lyn Addie has not been paid for seven days of work at the rate of $195 per day. d. Prepaid rent of $2,775 expired during this 3-month period, e. Depreciation on the computer equipment for January 1 through March 31 is $1,150. f. Depreciation on the office equipment for January 1 through March 31 is $340, 9. The March 31 amount of merchandise inventory still available totals $664. Part 5 5. Prepare a statement of retained earnings (from the adjusted trial balance in part 3) for the three months ended March 31, 2020, BUSINESS SOLUTIONS Statement of Retained Earnings For Three Months Ended March 31, 2020 Retained earnings, Dec. 31, 2019 0 $ Retained earnings, March 31, 2020 Required information 6 6. Prepare a classified balance sheet (from the adjusted trial balance) as of March 31, 2020. t 6 of 6 BUSINESS SOLUTIONS Balance Sheet March 31, 2020 Assets Current assets es $ 62,628 23,247 eBook 6.938 Cash Accounts receivable Merchandise inventory Computer supplies Prepaid insurance Prepaid rent Print 2,830 1,989 erences 97,632 0 Total current assets Plant assets Office equipment Accumulated depreciation Office equipment Office Equipment, net Computer equipment Accumulated depreciation--Computer equipment Computer equipment net Total plant assets Total assets Liabilities 0 0 $ 97,632 Current liabilities Credit Debit $48,532 3,100 6 2,848 0 660 1,989 925 8,100 $ 340 20,100 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 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 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 652 Computer supplies expense 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer 1,150 1,160 780 1,360 73,404 8,060 OOOOOOOO OOO Prey 1 2 CD 3 6 of 6 Next > In response to requests from customers, S. Rey will begin selling computer software. The company will extend credit terms of 110, 1/30, 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. s Santana Rey invested an additional $23,400 cash in the company in exchange for more common stock. 7 The company purchased $6,300 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB shipping point, invoice dated January 7. 9 The company received $2,848 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 $5,490, which is the total price of $6,850 less the advance payment of $1,360. The company debited Unearned Computer Services Revenue for $1,360. 13 The company sold merchandise with a retail value of $4,100 and a cost of $3,410 to Liu Corp., invoice dated January 13. 15 The company paid $750 cash for freight charges on the merchandise purchased on January 7. 16 The company received $4,000 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. 26 The company purchased $9,800 of merchandise from Kansas Corp. With terms of 1/10, n/30, FOB destination, invoice dated January 26. 26 The company sold merchandise with a $4,590 cost for $5,860 on credit to xc, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addie for 10 days' work at $195 per day. Feb. 1 The company paid $2,775 cash to Hillside Mall for another three months' rent in advance. 3. The company paid Kansas Corp. for the balance due, net of the cash discount, less the $486 credit from merchandise returned on January 24. 5 The company paid $450 cash to Facebook for an advertisement to appear on February 5 only. 11 The company received the balance due from Alex's Engineering co. for fees billed on January 11. 15 The company paid a $4,610 cash dividend. 23 The company sold merchandise with a $2,640 cost for $3,310 on credit to Delta Co., Invoice dated February 23. 26 The company paid cash to Lyn Addie for eight days' work at $195 per day. 27 The company reimbursed Santana Rey $192 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense. Mar. 8 The company purchased $2,830 of computer supplies from Harris Office Products on credit with terms of Prev 1 2 SM 3 6 of 6 Next > Mar. 26 The company sold merchandise with a $4,590 cost for $5,860 on credit to ko, Inc., invoice dated January 26. 31 The company paid cash to Lyn Addio for 10 days' work at $195 per day. Feb. 1 The company paid $2,775 cash to Hillside Mall for another three months' rent in advance. 3 The company paid Kansas Corp. for the balance due, net of the cash discount, less the $486 credit fron merchandise returned on January 24. 5 The company paid $450 cash to Facebook for an advertisement to appear on February 5 only. 11 The company received the balance due from Alex's Engineering Co. for fees billed on January 11. 15 The company paid a 54,610 cash dividend. 23 The company sold merchandise with a $2,640 cost for $3,310 on credit to Delta Co., invoice dated February 23. 26 The company paid cash to Lyn Addie for eight days work at $195 per day. 27 The company reimbursed Santana Rey $192 cash for business automobile mileage. The company recorded the reimbursement as "Mileage Expense. 8 The company purchased $2,B30 of computer supplies from Harris Office Products on credit with terms of n/30, Foa destination, invoice dated March 8. 9 The company received the balance due from Delta Co. for merchandise sold on February 23. 11 The company paid $850 cash for minor repairs to the company's computer. 16 The company received $5,370 cash from Dream, Inc., for computing services provided. 19 The company paid the full amount due of $3,990 to Harris office Products, consisting of amounts created on December 15 (of $1,160) and March 8. 24 The company billed Easy Leasing for $9,147 of computing services provided. 25 The company sold merchandise with a $2,172 cost for $2,860 on credit to Wildcat Services, invoice dated March 25. 30 The company sold merchandise with a $1,048 cost for $2,280 on credit to IPM Company, invoice dated March 30. 31 The company reimbursed Santana Rey $128 cash for business automobile mileage. The company recorded the reimbursement as Mileage Expense." The following additional facts are available for preparing adjustments on March 31 prior to financial statement preparation: a. The March 31 amount of computer supplies still available totals $2,085. b. Prepaid Insurance coverage of $663 expired during this 3-month period. c. Lyn Addle has not been paid for seven days of work at the rate of $195 per day. d. Prepaid rent of $2,775 expired during this 3-month period. e. Depreciation on the computer equipment for January 1 through March 31 is $1150, 1. Depreciation on the office equipment for January 1 through March 31 is $340, g. The March 31 amount of merchandise inventory still available totals $664 Prey 1 2 3 6 of 6 !!! Next > 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 Dr. Cr. Adjustments Adjusted Trial Balance Dr. Cr. Dr. Cr. No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 FM Co. 106.5 L 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 Required information 163 Office equipment 164 Accumulated depreciation Office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 413 Sales 414 Salos roturns and allowances 415 Sales discounts 502 Cost of goods sold 512 Depreciation expense-Office equipment 613 Depreciation expense Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplios expenso 655 Advertising expense 676 Mileage expense 677 Miscellaneous expenses 684 Repairs expense--Computer Totals 0 0 0 0 0 Required information 4. Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format List all expenses without differentiating between seling expenses and general and administrative expenses (b) Use a multiple-step format that begins with gross sales (service revenues plus gross product sales) and includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. Categorize the following accounts as selling expenses: Wages Expense, Mileage Expense, and Advertising Expense. Categorize the remaining expenses as general and administrative. Complete this question by entering your answers in the tabs below. Required 4A Required 4B Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format. List all expenses without differentiating between selling expenses and general and administrative expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues Computer services revenue 0 Total revenues Expenses Sales returns and allowances Required information Required 4A Required 4B Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (a) Use a single-step format. List all expenses without differentiating between selling expenses and general and administrative expenses. BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Revenues Computer services revenue 0 Total revenues Expenses Sales returns and allowances Sales discounts Cost of goods sold Mileago expense Repairs expense Computer Wages expense Insurance expenso Rent expense Computer supplies expense Advertising expense 0 Total expenses $ 0 BRE Saved Required information Prepare an income statement (from the adjusted trial balance in part 3) for the three months ended March 31, 2020. (6) Use a multiple step format that begins with gross sales (service revenues plus gross product sales) and includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses. Categorize the following accounts as selling expenses: Wages Expense, Mileage Expense, and Advertising Expense. Categorize the remaining expenses as general and administrative, Show less 6 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 0 25 Net sales 0 0 Expenses Selling expenses Total seling expenses General and administrative expenses CAUSD a Uecidi di Required information 4 BUSINESS SOLUTIONS Income Statement For Three Months Ended March 31, 2020 Part 4 of 6 0 Net sales 0 oints 0 eBook Expenses Seling expenses Print References 0 Total selling expenses General and administrative expenses 0 Total general and administrative expenses Total expenses 0 0 S CD 1 a. The March 31 amount of computer supplies still available totals $2,085. b. Prepaid Insurance coverage of $663 expired during this 3-month period. c. Lyn Addie has not been paid for seven days of work at the rate of $195 per day. d. Prepaid rent of $2,775 expired during this 3-month period, e. Depreciation on the computer equipment for January 1 through March 31 is $1,150. f. Depreciation on the office equipment for January 1 through March 31 is $340, 9. The March 31 amount of merchandise inventory still available totals $664. Part 5 5. Prepare a statement of retained earnings (from the adjusted trial balance in part 3) for the three months ended March 31, 2020, BUSINESS SOLUTIONS Statement of Retained Earnings For Three Months Ended March 31, 2020 Retained earnings, Dec. 31, 2019 0 $ Retained earnings, March 31, 2020 Required information 6 6. Prepare a classified balance sheet (from the adjusted trial balance) as of March 31, 2020. t 6 of 6 BUSINESS SOLUTIONS Balance Sheet March 31, 2020 Assets Current assets es $ 62,628 23,247 eBook 6.938 Cash Accounts receivable Merchandise inventory Computer supplies Prepaid insurance Prepaid rent Print 2,830 1,989 erences 97,632 0 Total current assets Plant assets Office equipment Accumulated depreciation Office equipment Office Equipment, net Computer equipment Accumulated depreciation--Computer equipment Computer equipment net Total plant assets Total assets Liabilities 0 0 $ 97,632 Current liabilities