The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the year ended 12 31 2018 The December 31 inventory count of supplies shows $875 still available Six months have expired since the 24 month insurance premium of $5,400 was paid in advance As of December 31, an employee has not been paid for 3 days of work at $200 per day The company's computers are expected to have a three year life with no salvage value The office furniture is expected to have a seven year life with no salvage value The company earned $2,400 of the unearned revenue during the year Prepare adjusting entries to reflect accrual based account balances for December 31, 2018 Post the adjusting entries to the accounts in the general ledger Prepare an adjusted trial balance as of December 31, 2018 Prepare a worksheet for December 31, 2018 Prepare an income statement for the year ended December 31, 2018 Prepare a statement of changes in owners equity as of December 31, 2018 Prepare a balance sheet as of December 31, 2018 Record and post the necessary closing entries for Accounting Solutions Co Prepare the closing entries for the company Post the closing entries to the accounts in the general ledger Prepare a post closing trial balance as of December 31, 2018 Debit Credit 1 9,870 8,540 2,725 5,400 7,000 I 9,000 1 6,825 T 1 Acct I 101 Cash 106 Accounts Receivable 126 Supplies 128 Prepaid Insurance 1 163 Office Furniture 164 Accumulated Depreciation Office Furniture I 167 Computer Equipment 168 Accumulated Depreciation Computer Equipment 201 Accounts Payable 1 210 Wages Payable 236 Unearned revenue 1 301 S Martin, Capital 302 S Martin, Withdrawals 1 403 Accounting services revenue 612 Depreciation expense Office Furniture 613 Depreciation expense Computer Equipment 623 Wages Expense 1 637 Insurance Expense 640 Rent Expense 652 Supplies Expense I 655 Advertising Expense 676 Mileage Expense 677 Miscellaneous Expense 4,750 15,000 2,100 76,820 1 34,250 1 14,400 3,250 2,675 2,160 2,025 1 1 Totals 103,395 103,395

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The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the year ended 12/31/2018. The December 31

The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the year ended 12/31/2018.

The December 31 inventory count of supplies shows $875 still available.
Six months have expired since the 24-month insurance premium of $5,400 was paid in advance.
As of December 31, an employee has not been paid for 3 days of work at $200 per day.
The company's computers are expected to have a three-year life with no salvage value.
The office furniture is expected to have a seven-year life with no salvage value
The company earned $2,400 of the unearned revenue during the year.

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Prepare adjusting entries to reflect accrual based account balances for December 31, 2018.
Post the adjusting entries to the accounts in the general ledger.
Prepare an adjusted trial balance as of December 31, 2018.
Prepare a worksheet for December 31, 2018.
Prepare an income statement for the year ended December 31, 2018.
Prepare a statement of changes in owners equity as of December 31, 2018.
Prepare a balance sheet as of December 31, 2018.
Record and post the necessary closing entries for Accounting Solutions Co.
1. Prepare the closing entries for the company.
2. Post the closing entries to the accounts in the general ledger.
Prepare a post-closing trial balance as of December 31, 2018.

Debit Credit 1 9,870 8,540 2,725 5,400 7,000 I 9,000 1 6,825 T 1 Acct # I 101 Cash 106 Accounts Receivable 126 Supplies 128 Prepaid Insurance 1 163 Office Furniture 164 Accumulated Depreciation - Office Furniture I 167 Computer Equipment 168 Accumulated Depreciation - Computer Equipment 201 Accounts Payable 1 210 Wages Payable 236 Unearned revenue 1 301 S. Martin, Capital 302 S. Martin, Withdrawals 1 403 Accounting services revenue 612 Depreciation expense - Office Furniture 613 Depreciation expense - Computer Equipment 623 Wages Expense 1 637 Insurance Expense 640 Rent Expense 652 Supplies Expense I 655 Advertising Expense 676 Mileage Expense 677 Miscellaneous Expense 4,750 15,000 2,100 76,820 1 34,250 1 14,400 3,250 2,675 2,160 2,025 1 1 Totals 103,395 103,395