Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 23 Jul 2017 My Price 12.00

Business Solutions

The December 31, 2011, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2011) follows.

No.

Account Title

Debit

Credit

101

Cash

$ 48,372

 

106

Accounts receivable 

5,668

 

126

Computer supplies

580

 

128

Prepaid insurance 

1,665

 

131

Prepaid rent

825

  

163

Office equipment

8,000

  

164

Accumulated depreciation—Office equipment

 

$400

167

Computer equipment

20,000

  

168

Accumulated depreciation—Computer equipment

 

1,250

201

Accounts payable

 

1,100

210

Wages payable

 

500

236

Unearned computer services revenue

 

1,500

301

SRey, Capital

 

73,000

302

SRey, Withdrawals

7,100

  

403

Computer services revenue

 

31,284

612

Depreciation expense—Office equipment

400

  

613

Depreciation expense—Computer equipment

1,250

  

623

Wages expense

3,875

  

637

Insurance expense

555

  

640

Rent expense

2,475

  

652

Computer supplies expense

3,065

  

655

Advertising expense

2,753

  

676

Mileage expense

896

  

677

Miscellaneous expenses

250

  

684

Repairs expense—Computer

1,305

  

901

Income summary

 

0
 

Totals

$109,034

$109,034

Required

1. Record and post the necessary closing entries for Business Solutions.

2. Prepare a post-closing trial balance as of December 31, 2011

Answers

Maurice Tutor
(5)
Status NEW Posted 23 Jul 2017 09:07 PM My Price 12.00

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