No. Account Title Debit Credit101 Cash $ 39,064 106 Accounts receivabl 12,818 126 Computer supplies 2,645 128 Prepaid insurance
1,920 131 Prepaid rent 3,060 163 Office equipment 8,900 164 Accumulated depreciation—Office equipment $0167 Computer equipment 21,600 168 Accumulated depreciation—Computer equipment 0201 Accounts payable 0210 Wages payable 0236 Unearned computer services revenue 0307 Common stock 69,000318 Retained earnings 0319 Dividends 6,500 403 Computer services revenue 33,029612 Depreciation expense—Office equipment 0 613 Depreciation expense—Computer equipment 0 623 Wages expense 2,325 637 Insurance expense 0 640 Rent expense 0 652 Computer supplies expense 0 655 Advertising expense 1,638 676 Mileage expense 624 677 Miscellaneous expenses 210 684 Repairs expense—Computer 725 Totals 102,029 102,029 Dec2 Paid $950 cash to Hillside Mall for Business Solutions’ share of mall advertising costs.3 Paid $420 cash for minor repairs to the company’s computer.4 Received $4,850 cash from Alex’s Engineering Co. for the receivable from November.10 Paid cash to Lyn Addie for six days of work at the rate of $105 per day.14 Notified by Alex’s Engineering Co. that Business Solutions’ bid of $7,900 on a proposed project has been accepted. Alex’s paid a $1,600 cash advance to Business Solutions.15 Purchased $2,000 of computer supplies on credit from Harris Office Products.16 Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8.20 Completed a project for Liu Corporation and received $5,975 cash.22–26 Took the week off for the holidays.28 Received $3,300 cash from Gomez Co. on its receivable.29 Reimbursed S. Rey for business automobile mileage (400 miles at $0.23 per mile).31 The company paid $1,300 cash in dividends.The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company’s first three months:The December 31 inventory count of computer supplies shows $670 still available.Three months have expired since the 12-month insurance premium was paid in advance.As of December 31, Lyn Addie has not been paid for four days of work at $105 per day.The computer system, acquired on October 1, is expected to have a four-year life with no salvage value.The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value.Three of the four months' prepaid rent has expired.Prepare an adjusted trial balance as of December 31, 2017.
