Question: Help solving this question. Check my w 2 Critical Thinking Problem 5.2 (Algo) Worksheet and Financial Statements 25 The account balances for the Pittman International

Help solving this question.

Help solving this question. Check my w 2 Critical
Check my w 2 Critical Thinking Problem 5.2 (Algo) Worksheet and Financial Statements 25 The account balances for the Pittman International Company on January 31, 20X1, follow. The balances shown are after the first month points of operations. Skipped 101 Cash $ 18, 755 401 Fees income $ 31,905 111 Accounts receivable 3,400 511 Advertising expense 1, 640 121 Supplies 2, 360 514 Depreciation expense-Equipment eBook 131 Prepaid insurance 16, 050 517 Insurance expense 141 Equipment 27 , 500 518 Rent expense 2, 500 Prim 142 Accumulated depreciation-Equipment 519 Salaries expense 6,980 202 Accounts payable 6,350 520 Supplies expense References 301 Reginald Pittman, Capital 44, 550 523 Telephone expense 350 302 Reginald Pittman, Drawing 2, 350 524 Utilities expense 920 Adjustments: a. Supplies used during the month amounted to $1,155. b. The amount in the Prepaid Insurance account represents a payment made on January 1, 20X1, for 6 months of insurance coverage c. The equipment, purchased on January 1, 20X1, has an estimated useful life of 10 years with no salvage value. The firm uses the straight-line method of depreciation. Mc Graw

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