4 Xfx B A C D E F G K The December 31 2021, adjusted trial balance of Business Solutions (reflecting October-December of 2021) follows. number Account title 101 CASH 106 ACCOUNTS RECIEVABLE 126 COMPUTER SUPPLIES 128 PREPAID INSURANCE 131 PREPAID RENT 163 OFFICE EQUIPMENT Debit Credit $50,114.00 $5,168.00 $630.00 $1,575.00 $805.00 $8,200.00 164 ACCUMULATED DEPRECIATION- OFFICE EQUIPMENT $410.00 167 COMPUTER EQUIPMENT $23,600.00 168 ACCUMULATED DEPRECIATION-COMPUTER EQUIPMENT $1,475.00 201 ACCOUNTS PAYABLE $1,100.00 210 WAGES PAYABLE $480.00 236 UNEARNED COMPUTER SERVICE REVENUE $1,700.00 301 S. REY, CAPITAL 302 S. REY, WIHDRAWLS 403 COMPUTER SERVICES REVENUE $67,000.00 $7,100.00 $41,119.00 612 DEPRECIATION EXPENSES - OFFICE EQUIPMENT $410.00 613 DEPRECIATION EXPENSES-COMPUTER EQUIPMENT $1,475.00 623 WAGES EXPENSE $3,400.00 637 INSURANCE EXPENSE $525.00 640 RENT EXPENSE $2,415.00 652 COMPUTER SUPPLIES EXPENSE $3,015.00 655 ADVERTISTING EXPENSE $2,658.00 7 676 MILEAGE EXPENSE B 677 MISCELLANEOUS EXPENSES 9 684 REPAIRS EXPENSE-COMPUTER 0 901 INCOME SUMMARY $739.00 $230.00 $1,225.00 $0.00 3 4 5 36 38 39 40 41 1. PREPARE AN INCOME STATEMENT FOR THE 3 MONTHS ENDED DECEMBER 31,2021. 2. PREPARE A STATEMNET OF OWNERS EQUITY FOR THE 3 MONTHS ENDING DECEMBER 31,2021. (CAPIAL ACCOUNT BALANCE WAS $0 OCTOBER 1, OWNER INVESTMENTS WERE $67,000 THIS PERIOD) 3. PREPARE A CLASSIFIED BALANCE SHEET AS OF DECEMBER 31,2021. 4. RECORD THE CLOSING ENTRIES AS OF DECEMBER 31,2021. 5. PREPARE A POST CLOSING TRIAL BALANCE AS OF DECEMBER 31,2021