Trim Lawn, Inc., is a lawn care company. Thus, the company earns its revenue from sending its trucks to customers’ residences and certain commercial establishments to care for and shrubbery. Trim Lawn’s trial balance at the end of the first 11 months of the year prepare trial balance follows:

a. Open three-column general ledger accounts for each of the accounts in the trial balance > Required under the date of December 1, 2012. Place the word Balance in the explanation space of each account. Also open an account for Dividends, No. 320.

b. Prepare entries in the general journal for the preceding transactions for December 2012. ¢c. Post the journal entries to three-column general ledger accounts.

d. Prepare a trial balance as of December 31, 2012.

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Acct. No. 100 Cash 103 Accounts Receivable 150 Trucks 160 Office Furniture TRIM LAWN, INC. Trial Balance November 30, 2012 Account Title Debits $ 63,740 88,600 102,900 8,400 Credits 200 Accounts Payable 300 Capital Stock 310 Retained Earnings, January 1, 2012 400 Service Revenue 506 Gas and Oil Expense 505 Advertising Expense $ 33,600 30,000 30,540 371,010 18,300 21,900 507 Salaries Expense 511 Utilities Expense 515 Rent Expense 65,850 2,310 15,000 518 Supplies Expense 75,600 531 Entertainment Expense 2,550 $465,150 $465,150