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Serial Problem Business Solutions LO P1, P2, P3 After the success of the companys first two months, Santana Rey continues to
Business Solutions had the following transactions and events in December 2017. Dec. 2 Paid $1,025 cash to Hillside Mall for BReg 1 Req 2A Req 2B Reg 3 Req 4 Reg 5 Req 6 Prepare adjusting entries to reflect a through f. View transaction list View jourCash Accounts Receivable Debit Credit Debit Credit Date Dec. 01 Dec. 04 Dec. 28 Balance 12,618 16,568 19,568 1,025 500 3,950Computer Supplies Debit Credit Prepaid Insurance Debit Credit Balance Date Dec. 01 Balance 2,220 2,545 Date Dec. 01 Dec. 15 DWages Payable Debit Credit Unearned Computer Services Revenue Debit Credit Balance Balance Date Dec. 01 Dec. 31 Date Dec. 01Insurance Expense Debit Credit Rent Expense Debit Credit Balance Balance Date Dec. 01 Dec. 31 Dec. 31 Date Dec. 01 Dec. 31 DeBUSINESS SOLUTIONS Adjusted Trial Balance December 31, 2017 Account Title Debit Credit Cash Accounts receivable Computer suppReg 1 Reg 2A Rec 2B Reg 3 Reg 3 Reg 4 Re4 Reg 5 Reg 5 Reg 6 Reg 6 Prepare a statement of owners equity for the three monthsBUSINESS SOLUTIONS Balance Sheet December 31, 2017 Assets Cash 38,264 12,616 2,545 2,229 3,300 $ 8,000 8,000 Accounts receiva

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Part 1: Date Dec-02 General Journal Advertising expense Cash Debit Credit 1,025 1,025 Dec-03 500 Repairs expense-Computer Casb. Part 2a: Transaction General Journal Debit Credit a. Computer supplies expense 3,065 Computer supplies 3,065 2545+1100-580Part 2b: Cash Debit Credit Date Dec. 01 Dec. 04 Dec. 28 Accounts Receivable Debit Credit Balance 12,618 3,950 8668 3 ,000 566Comita S. Rey, withdrawals Debit Credit Balance 5,600 Date Dec. 01 Dec. 20 Dec. 31 Computer Services Revenue Date Debit CrediCredit Debit 48,372 5,668 580 1,665 825 8,000 20,000 Part 3: BUSINESS SOLUTIONS Adjusted Trial Balance December 31, 2017 AccoPart 4: BUSINESS SOLUTIONS Income Statement For Three Months Ended December 31, 2017 Revenue Computer services revenue 31,284825 Part 6: BUSINESS SOLUTIONS Balance Sheet December 31, 2017 Assets Cash 48,372 Accounts receivable 5,668 Computer suppliesDebit Credit 31,284 31,284 16,824 400 1250 Part 7: Date General Journal Dec-31 Computer services revenue Income summary (To cPart 8:. BUSINESS SOLUTIONS Post-Closing Trial Balance December 31, 2017 Account Title Cash Accounts receivable Computer supp

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