Troy decided to end the Suarez Computer Center's first year as of September 30, 201X and has prepared the following: (Click the icon to view the worksheet.) (Click icon to view the income statement.) 3(Click the icon to view the chart of accounts.) = (Click icon to view the statement of owner's equity.) 3 (Click the icon to view the balance sheet.) Assignment .. Assignment 1. From the worksheet, journalize the adjusting entries. (Record debits first, then credits. Exclude explanations from journal entries.) Start by journalizing the Supplies adjustment. Journal Entry Date Account Titles PR Dr. Cr. 2017 Sept. - X 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 Trey decided to end the Suarez Computer Centers fretyears of September 20, 2017 and has prepared the following Ci the icon to view) Click the loon to view the chart of accounts Click the icon vw the inimest Click the icon to view the statement of owner's cquity. Click this will #ankyumer/ Reference Mwigud 1. Further weig Hillcred chat lielie Fachwise fram jau ir Swilay jumming Supplies wid loul Fruiry Date Account Tas PR D Cr. . 2017 Sept Income Stat Debit Credit Adjusted Trial Balance Deb Credit 9009 2.700 Balance Sheet Debit olt Credi 900 2.700 500 600 192 3,360 3350 1500 56 1,500 Suara Compular Wish For the Three Months Ended September 30, 2018 Trial Balance Mesments Adjustments Account Illes Debit Credit Ueble Credit 9,095 Accounts Receivable 2.703 Prepaid Hot Supplies 1,000 UJU Computer Shop Equipment 3,360 on Fyn Ambew 570 T Falco. Co 12.500 I. Falco, indrawals 1.500 Scrie Hocus 2,620 Advertising Expense 500 Rent Expense 800 1 000 F 185 ins Phone per 235 Insurance Expense 300 ura laye F 20 22.590 22.090 570 12.500 570 12.500 1.600 9.620 500 1800 185 235 300 50D 1 300 185 235 20 BOB 808 106 BAS 105 105 105 105 Supples Expense Dep Expense Computer Shop Equo A: Dept. She Dep Experts China Ace Dep.Orice Equipe Totals 50 50 501 50 60 1,963 1950) 72346 72845 4.00 9.220 60 10.04% 5617 18842 18,042 Net Income 9,620 9,620 Print Dorte - 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 Owner's Equity 5090 Dep. Expense, Office Equip. 3000 T. Falco, Capital 3010 T. Falco, Withdrawals 3020 Income Summary Print Done - X Reference 9,620 Suarez Computer Center Income Statement For the Quarter Ended September 30, 2017 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 Depreciation Expense, Office Equipment 50 Total Operating Expenses $ Net income 4,003 5,617 Print Done - X Reference 0 12,500 Suarez Computer Center Statement of Owner's Equity For the Quarter Ended September 30, 2012 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) Increase in Capital T. Falco, Capital, September 30, 201X 12,500 4,117 16,617 Print Done - X Reference Suarez Computer Center Balance Sheet September 30, 2017 Liabilities and Owner's Equity $ 9,090 Liabilities 2,700 Accounts Payable 500 $ 570 192 Assets Cash Accounts Receivable Prepaid Rent Supplies Computer Shop Equipment Less: Acc. Dep., Computer Shop Equipment Office Equipment Less: Acc. Dep., Office Equipment Total assets $ 3,360 105 3,255 1,500 50 1,450 $ 17,187 Owner's Equity T. Falco, Capital Total liabilities and owner's equity 16,617 17,187 $ Print Done