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Santana Rey created Business Solutions on October 1 , 2 0 2 1 . The company has been successful, and its list of customers has

Santana Rey created Business Solutions on October 1,2021. 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 been used for the single Accounts Receivable account. This change allows the company to continue using the existing chart of accounts.
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 $2,005.
b. Prepaid Insurance coverage of $555 expired during this three-month period
d. Prepaid rent of $2,475 expired during this three-month period.
e. Depreciation on the computer equipment for January 1 through March 31 is $1,250
g. The March 31 amount of merchandise inventory still available totals $704
6. Prepare a classified balance sheet (from the adjusted trial balance) as of March 31,2022.(Report Accounts receivable as a single amount.)
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