Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help getting 2B, 3, 4, 5, and 6 on second image. Thanks. After the success of the company's first two months, Santana Rey continues

Need help getting 2B, 3, 4, 5, and 6 on second image. Thanks.
image text in transcribed
image text in transcribed
After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2017 unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2017) follows. Account Title Debit S38,664 13,118 2,545 1,920 3,040 8,200 101 Cash 106 Accounts receivable 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 301 . Rey, Capital 302 S.Rey, Withdrawals 03 Computer services revenue 612 Depreciation expense-office equipment 13 Depreciation expense Computer equipment 623 Wages expense 37 Inaurance expense 640 Rent expense 652 Computer aupplies expense 655 Advertiaing expense 676 Mileage expense 677 Miscellaneous expenses 84 Repairs expense Computer 72,000 5,700 30,104 2,450 1,658 654 250 Totala $102,104 $102,104 Business Solutions had the following transactions and events in December 2017 Dec. Paid $980 cash to Billside Mall for Business Solutions' share of mall advertising costs 3 Paid $440 cash for minor repairs to the company s computer 4 Received $4,650 cash from Alex' Engineering Co. for the receivable from November 10 Paid cash to Lyn Addie for aix days of work at the rate of $105 per day 14 Notified by Alex'8 Engineering Co. that Business Solutions' bid of $7,300 on a proposed project has beern accepted. Alex's paid a $2,500 cash advance to Business Solutions 15 Purchased $2,000 of computer supplies on credit from Harris office Products

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing And Systems Exam Questions And Explanations

Authors: Irvin N. Gleim

10th Edition

158194246X, 978-1581942460

More Books

Students also viewed these Accounting questions

Question

Describe the strategic approach to financial planning analysis.

Answered: 1 week ago

Question

The Functions of Language Problems with Language

Answered: 1 week ago

Question

The Nature of Language

Answered: 1 week ago