Dear Tutor,

Please kindly help me to solve the question about Managerial Accounting subject.

Problem 2

Washington started his own company, Washington Consulting, on September 1, 2019. The trial balance at September 30 is as follows.

WASHINGTON CONSULTING Trial Balance September 30, 2019 Debit Credit Cash $ 6,750 Accounts Receivable 7,000 Supplies 2,000 Prepaid Insurance 2,880 Equipment 15,000 Accounts Payable $ 4,230 Uneamed Service Revenue 5,200 Common Stock 22,000 Service Revenue 8,200 Salaries and Wages 4,000 Expense 2,000 Rent Expense $ 39,630 $ 39,630