Question

Required information (The following information applies to the questions displayed below.] Santana Rey created Business Solutions on October 1, 2019. 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 December 31, 2019. Santana Rey decided to add a fourth digit with a decimal point to the 106 account number that had been used for the single Accounts Receivable account. This change allows the company to continue using the existing chart of accounts. Credit Debit $48, 442 in n OUPOOOOOOOOOOO in Cow O O 350 21,9 No. Account Title 101 Cash 106.1 Alex's Engineering Co. 106.2 Wildcat Services 106.3 Easy Leasing 106.4 IFM Co. 106.5 Liu Corp. 106.6 Gomez Co. 106.7 Delta Co. 106.8 KC, Inc. 106.9 Dream, Inc. 119 Merchandise inventory 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation-office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings Dividends 403 Computer services revenue 413 Sales Sales returns and allowances Sales discounts Cost of goods sold Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense 1,120 1,100 700 75,536 a) 319 OOO OO 414 Non OOOOOOOOOOO
Hello if you could just make sure to do a-g id really appreciate it and I will thumbs up for your effort! thank you

Answer 1

	Account Titles	Debit	Credit
a	Computer Supplies Expense	$              1,585		=730+2920-2065
	Computer Supplies		$                1,585
	(Computer supplies consumed)
b	Insurance Expense	$                  627
	Prepaid Insurance		$                   627
	(Prepaid insurance expired)
c	Wages Expense	$              1,225		=175*7
	Wages Payable		$                1,225
	(Wages accrued but not paid)
d	Rent Expense	$              2,565
	Prepaid Rent		$                2,565
	(Prepaid rent expired)
e	Depreciation Expense - Computer Equipment	$              1,120
	Acc .Depreciation - Computer Equipment		$                1,120
	(Depreciation expense for the period)
f	Depreciation Expense - Office Equipment	$                  350
	Acc .Depreciation - Office Equipment		$                   350
	(Depreciation expense for the period)
g	Cost of Goods Sold	$              1,917		=7000-3480+620-7000*1%-476+9300-4610-9300*1%-2530-2092-1138-514
	Inventory		$                1,917