Chapter $2-$ Instruction #$1$

Save a copy of the spreadsheet by clicking on the "Spreadsheet" here. You will need th spreadsheet for the remaining parts of this Continuing Problem. Be sure to save the sp a safe place for future use.

PS Music's chart of accounts and the balance of accounts as of July $1,20Y5($all normal balances$)$ follows:

$11$ Cash

$$3,920$

$12$ Accounts Receivable

$1,000$

$14$ Supplies $170$

$15$ Prepaid Insurance

$17$ Office Equipment

$21$ Accounts Payable

$250$

$23$ Unearned Revenue

$31$ Common Stock

$4,000$

$33$ Dividends

$500$

$41$ Fees Earned

$6,200$

$50$ Wages Expense

$400$

$51$ Office Rent Expense

$800$

$52$ Equipment Rent Expense

$675$