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San Diego State University Operations And Supply Chain Management Assignment Help - Products


Question - 1. Record and post the necessary closing entries for Business Solutions.
2. Prepare a post-closing trial balance as of December 31, 2011.

After the success of the company's first two months, Santana Rey continues to operate Business
Solutions. The November 30, 2011, unadjusted trial balance of Business Solutions (reflecting its
transactions for October and November of 2011) follows.
101 Cash 38,264
106 Accounts receivable 12,618
126 Computer supplies 2,545
128 Prepaid insurance 2,220
131 Prepaid rent 3,300
163 Office equipment 8,000
164 Accumulated depreciation"Office equipment -
167 Computer equipment 20,000
168 Accumulated depreciation"Computer equipment -
201 Accounts payable -
210 Wages payable -
236 Unearned computer ...Read More

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