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Problem 2-1A John Shelley owns and manages Shelley Computer Repair Service, which had the following Trial Balance on December 31, 20x1. SHELLEY COMPUTER REPAIR

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Problem 2-1A John Shelley owns and manages Shelley Computer Repair Service, which had the following Trial Balance on December 31, 20x1. SHELLEY COMPUTER REPAIR SERVICE TRIAL BALANCE DECEMBER 31, 20X1 Acct # Name of Account Debit Amount Credit Amount 11 Cash 8,000 12 Accounts Receivable 15,000 13 Repair Parts Supplies 13,000 14 Prepaid Rent 3,000 16 Shop Equipment 21,000 21 Accounts Payable 31 John Shelley, Capital 19,000 41,000 Totals 60,000 60,000

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