Homework: Comprehensive Problem: Question 5, Keeping It R... HW Score: 0%, 0 of 50 points Suarez Computer Center Purt 1 of 11 Score: 0 of 10 Troy decided to end the Suarez Computer Center's first year as of September 30, 2017 and has prepared the following: (Click the icon to view the worksheet.) Click the icon to view the income statement) Click the icon to view the chart of accounts.) (Click the icon to view the statement of owner's equity) (Click the icon to view the balance shoot.) | Assignment Assignment 1. From the worksheet, journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from Journal entrion) Start by Journalizing the Supplies adjustment Journal Entry PR Account Titles Dr. Date Cr. 2017 Sopt Reference CE Income Statement Debit Credit Suarez Computer Center Worksheet For the Three Months Ended September 30, 2017 Trial Balance Adjustments Account Titles Debit Credit Debit Credit Cash 9,090 Accounts Receivable 2,700 Prepaid Rent 1,500 1,000 Supplies 1.000 808 Computer Shop Equipment 3,360 Office Equipment 1,500 Accounts Payable 570 T. Falco, Capital 12.500 T Falco, Withdrawals 1.500 Adjusted Trial Balance Debit Credit 9,000 2.700 500 192 3.360 1.500 Balance Sheet Debit Credit 9,090 2,700 500 192 3.360 1,600 570 570 12.500 12,500 1,500 1.500 9.620 9,620 9,620 500 500 1,800 1,000 Service Revenue Advertising Expense Rent Expense Utilities Expense Phone Expense Insurance Expense Postage Expense 800 185 235 500 1.800 185 235 185 235 300 300 300 20 20 20 22,690 22.690 er Part 1 of 11 Score: 0 of 10 enter's first year as of September 30, 201X and has prepared the following: (Click the icon to view the income statement.) Data Table Assets Revenue 1000 Cash 4000 Service Revenue 1020 Accounts Receivable Expenses 1025 Prepaid Rent 5010 Advertising Expense 1030 Supplies 5020 Rent Expense 1080 Computer Shop Equipment 5030 Utilities Expense 1081 Acc. Dep., Computer Shop Equip. 5040 Phone Expense 1090 Office Equipment 5050 Supplies Expense 1091 Acc. Dep., Office Equip. 5060 Insurance Expense Liabilities 5070 Postage Expense Dep. Expense, Computer Shop 2000 Accounts Payable 5080 Equip. 5090 Owner's Equity Dep. Expense, Office Equip 3000 T. Falco, Capital 3010 T. Falco, Withdrawals 3020 Income Summary Print Done Der in the input fields and then click Check Answer. Cle Get More Help ar's first year as of September 30, 201X and has prepared the following: - X Reference pity.) . lo 9,620 TEA Suarez Computer Center Income Statement For the Quarter Ended September 30, 2012 Revenue: Service Revenue $ Operating Expenses: Advertising Expense $ 500 Rent Expense 1,800 Utilities Expense 185 Phone Expense 235 Insurance Expense 300 Postage Expense 20 Supplies Expense 808 Depreciation Expense, Computer Shop Equipment 105 50 Depreciation Expense, Office Equipment Total Operating Expenses $ Not income 4,003 5,617 Print Done mer in the input fields and then click Check Answer. Get More Help Clear All ensive Problem: Question 5, Keeping It R... HW Score: 0%, 0 of 50 nter Part 1 of 11 Score: 0 of 10 er Center's first year as of September 30, 2017 and has prepared the following: 2) (Click the icon to view the income statement.) ccounts.) (Click the icon to view the statement of owner's equity.) (Click the icon to view the balance sheet.) - X Reference 0 12,500 Suarez Computer Center Statement of Owner's Equity For the Quarter Ended September 30, 2017 T. Falco, Capital, July 1, 2017 Additional Investments Total Investments Net Income for July through September 5,617 Less: Withdrawals for July through September (1,500) in Capital T. Falco, Capital, September 30, 201x 12,500 $ Increase 4,117 $ 16,617 Print Done number in the input fields and then click Check Answer. deo Get More Help Clear All Reference Assets Suarez Computer Center Balance Sheet September 30, 201x Liabilities and Owner's Equity 9,090 Liabilities 2,700 Accounts Payable 500 Cash Accounts Receivable 570 192 Prepaid Rent Supplies Computer Shop Equipment Less: Acc. Dep., Computer Shop Equipment Office Equipment Less: Acc. Dep., Office Equipment $ 3,360 105 3,255 1,500 50 1,450 Owner's Equity T. Falco, Capital Total liabilities and owner's equity 16,617 $ 17,187 $ Total assets 17,187 Print Done renter any number in the input fields and then click Check Answer. (Click the icon to view the statement of a (Click the icon to view the balance sheet . ting entries. (Record debits first, then credits. Exclude explanations from journal entr Assignment 1. From the worksheet, journalize the adjusting entries. 2. Post the adjusting entries to the ledger. 3. Journalize the closing entries. 4. Post the closing entries to the ledger. 5. Prepare a post-closing trial balance. Print Done put fields and then click Check