1. Prepare journal entries to record each of the December transactions and events for Business Solutions.

2-a. Prepare adjusting entries to reflect a through f.

2-b. Post the journal entries to record each of the December transactions, adjusting entries to the accounts in the ledger.

3. Prepare an adjusted trial balance as of December 31, 2021.

Credit Number 101 106 126 128 131 163 164 167 168 201 210 236 301 Debit $ 38,864 12,718 2,545 2,100 3,280 8,000 0 20,400 Account Title Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent office equipment Accumulated depreciation office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue S. Roy, Capital S. Roy. Withdrawals Computer services revenue Depreciation expense-office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileago expenso Miscellaneous expenses Repairs expense-Computer Totals 0 0 0 0 64,000 302 5,800 35,459 0 0 2.525 403 612 613 623 637 640 652 655 676 677 684 0 1,648 614 190 775 $ 99, 459 $ 99,459 Business Solutions had the following transactions and events in December 2021. December 2 Padd $9% cash to inside all for munines solutiona's share of all advertising cock.. December 7 Paid $470 cash for minor repairs to the company's computer. December 4 Received $4,750 cash from Alex's Engineering Company for the receivable from November December 10 Paid cash to lyn Addie tor six days of work at the rate of $105 per day. December 14 Notified by Alex'. Ingineering company that business Solutions'a bid of 57,900 on a proposed project has been accepted. Alex'u paid a $1,700 cash advance to Business Solutions December 15 Purchased $1,300 of computer supplies on credit from Harri orice Products December 16 sent a reminder to comes company to pay the fee for services recorded on November December 20 Completed a project for Liu Corporation and received 55,025 cash December 22-26 Took the week oft for the holidays. December 28 Received $3,100 cash from Gomes Company on to receivable. December 29 Rambursed . Key for business automobile mileage (500 miles at $0.24 per mile). December 31 8. Rey withdrew 51.200 cash from the combany for personal use. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months. a. The December 31 inventory count of computer supplies shows $630 still available. b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Lyn Addie has not been paid for four days of work at $105 per day. d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. e. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value. f. Three of the four months' prepaid rent have expired. Required: 1. Prepare journal entries to record each of the December transactions and events for Business Solutions. 2-a. Prepare adjusting entries to reflect a through 2-b. Post the journal entries to record each of the December transactions, adjusting entries to the accounts in the ledger. 3. Prepare an adjusted trial balance as of December 31, 2021. Required 1 Required 2A Required 2B Required 3 Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet The December 31 Inventory count of computer supplies shows $630 still available. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 28 Required 3 Post the journal entries to record each of the December transactions, adjusting entries to the accounts in the ledger 101: Cash 106. Accounts Receivable Dobit Credit Date Debit Credit Balance Date Balance December 01 38,864 December 01 12,718 126: Computer Supplies Debit Credit Date December 01 128: Prepaid Insurance Debit Credit Balance 2,545 Date December 01 Balance 2,100 131: Prepaid Rent Debit Credit Date December 01 163: Office Equipment Debit Credit Balance 3,280 Date December 01 Balance 8.000 131: Prepaid Rent Debit Credit 163: Office Equipment Debit Credit Date Date December 01 Balance 3,280 Balance 8,000 December 01 164: Accumulated Depreciation Office Equipment Dato Debit Credit Balance December 01 167: Computer Equipment Debit Credit Dato December 01 Balance 20,400 0 168: Accumulated Depreciation--Computer Equipment Date Debit Credit Balance December 01 201: Accounts Payable Debit Credit Balance Date December 01 0 0 210: Wages Payable Debit Credit Balance Date December 01 236: Unearned Computer Services Revenue Date Debit Credit Balance December 01 0 0 301: S. Rey, Capital Debit Credit 302: S. Rey, Withdrawals Debit Credit Date Balance 64,000 Date December 01 Balance 5,800 December 01 403: Computer Services Revenue Debit Credit Date Balance 35,459 612: Depreciation Expense-Office Equipment Date Debit Credit Balance December 01 December 01 0 613: Depreciation Expense-Computer Equipment Date Debit Credit Balance December 01 623: Wages Expense Debit Credit Date December 01 Balance 2,525 0 637: Insurance Expense Debit Credit 640: Rent Expense Debit Credit Date Balance Balance Dato December 01 December 01 0 652: Computer Supplies Expense Debit Credit 655: Advertising Expense Deblt Credit Balance Date Date December 01 Balance 1,648 0 December 01 676: Mileage Expense Debit Credit 677: Miscellaneous Expenses Debit Credit Date Dato December 01 Balance 614 Balance 190 December 01 nov MI VI 652: Computer Supplies Expense Debit Credit 655: Advertising Expense Dobit Credit Date Balance Balance December 01 Date December 01 0 1,648 676: Mileage Expense Debit Credit Date December 01 677: Miscellaneous Expenses Debit Credit Balance Balance 614 Date December 01 190 684: Repairs Expense -Computer Debit Credit Date December 01 Balance 775 Adjusted Trial Balance December 31, 2021 Account Title Debit Credit Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation-Office equipment Computer equipment Accumulated depreciation - Computer equipment Accounts payable Wages payable Uneamed computer services revenue S. Rey, Capital S. Rey, Withdrawals Computer services revenue Depreciation expense-Office equipment Depreciation expense--Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense-Computer Totals Prey