The December 31, 2017, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2017) follows.

Required
1. Record and post the necessary closing entries for Business Solutions.
2. Prepare a post-closing trial balance as of December 31, 2017?

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No. Account Title Debit Credit $ 48,372 Cash. 101 106 Accounts receivable 5,668 126 Computer supplies 580 128 Prepaid insurance. Prepaid rent... Office equipment 1,665 131 825 163 8,000 164 Accumulated depreciation-Office equipment. 400 20,000 167 Computer equipment . Accumulated depreciation-Computer equipment. Accounts payable.. Wages payable.... 168 1,250 201 1,100 500 210 236 Unearned computer services revenue 1,500 S. Rey, Capital. S. Rey, Withdrawals. 301 73,000 7,100 302 403 Computer services revenue. Depreciation expense-Office equipment. 31,284 612 400 613 Depreciation expense-Computer equipment 1,250 623 Wages expense.. Insurance expense. 3,875 637 555 Rent expense 2,475 640 Computer supplies expense. Advertising expense.. Mileage expense... Miscellaneous expenses 652 3,065 2,753 655 676 896 677 250 1,305 684 Repairs expense-Computer Income summary.. 901 Totals.. $109,034 $109,034