I Smile Company Trial Balance Januar, 2020 Account Title Debit Cash Credit Accounts receivable $ 48,462 3,020 Notes receivable 2,818 Computer supplies 700 Prepaid insurance 1,827 Prepaid rent 905 Office equipment 8,100 Accumulated depreciation-Office equipment $ 210 Computer equipment 21,800 Accumulated depreciation - Computer equipment 1,110 Accounts payable 1,150 Salaries payable Unearned computer services revenue 1,400 Common stock 75,722 Retained earnings 7,380 Jan. 7 The company purchased $6,700 of merchandise with terms of 1/10, 1/30, FOB shipping point, invoice dated January 7 9 Paid $985 cash to Business magazines for advertising costs 13 The company sold merchandise with a retail value of $4,600 and a cost of $3,460 to Customer A, with terms 1/15 n/45 invoice dated January 13. 13 Smile Company pays cash for the January 7 purchase. 14 Paid $480 cash for minor repairs to the company's computer 15 The company paid $710 cash for freight charges on the merchandise purchased on January 7 The 770.com. Curama comodidad 660 e C B SH ASUS VivoBook Common stock Retained rings 75.722 7.180 Jan 7 The company purchased 56,700 of merchandise with terms of 1/10, 130, FOB shipping point, Invoice dated January 9 Paid $985cash to Business magazines for versing costs 13 The company sold merchandise with a real value of $4,500 and a cost of $3,400 to Customer A with terms 1/15/45 invoice dated January 13 13 Smie Company pays cash for the January 7 purchase 14 Paid $480 cash for minor repairs to the company's computer 15 The company paid $710 cash for freight charges on the merchandise purchased on January 7 16 The company received 94.070 cash from Customer for computer services provided 18 Customer returned 5000 of defective merchandise from invoice dated January 13 The retumed merchandise had a 3220 cost 20 The company bited Customer to computing services provided 21 Purchased 1/400 of compter les on crede from anotte Products 22 The company received a balance due from Customer 23 Notified by government agency that i ca's proposal of 7.200 on a proposed project has been accepted Government agency paid $1,000 cash advance to Smie Co 24 The company rolume defective merchandise of 600 to the sole from January purchases and received cash 29 Sent a reminder to Gomez Co to pay the fee for service recorded onanuary 20 The following additional facts are available for preparing adjustments on January 31 The January 31 amount of computer supplies still valable fotais 51,125 a. Three more months have expired since the company purchased its annual insurance policy at a $2.436 cost for 12 months of coverage b. Secretary has not been paid for seven days of work at the rate of $165 per day. C. The monthly rent expense is $905 d. Half of the earned revenue is camed. e EX le lorovices recorded on January 20 The following additional facts are available for preparing adjustments on January 31. The January 31 amount of computer supplies still available totals $1,125 a. Three more months have expired since the company purchased its annual insurance policy at a $2,436 cost for 12 months of coverage b. Secretary has not been paid for seven days of work at the rate of $165 per day. c. The monthly rent expense is $905. d. Half of the neared revenue is camed. e. Depreciation on the computer equipment for January is $1.110 f. Depreciation on the office equipment for January is $210