Question: RIAL ness Solutions (This serial problem began in Chapter 1and continues through most of the book. If previous chapter seg- ments were not completed, the
RIAL ness Solutions (This serial problem began in Chapter 1and continues through most of the book. If previous chapter seg- ments were not completed, the serial problem can begin at this point. It is helpful, but not necessary, to use the Working Papers that accompany the book its transactions SP 4 The December 31, 2015, adjusted trial balance of Business Solutions (reflecting from October through December of 2015) follows. Debit Credit Account Title 48,372 101 Cash 5,668 106 Accounts receivable 126 Computer supplies ,665 128 Prepaid insurance 131 Prepaid rent 8,000 163 Office equipment 400 164 Accumulated depreciation-Office equipment 20,000 167 Computer equipment 168 Accumulated depreciation-Computer equipment 1,250 201 Accounts payable I,100 [continued on next page1
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