1. Prepare the general journal entries to record these transactions using the accounts below.
Dec. 1	Jordan invests		$65,000	cash along with office equipment valued at					$12,000
	company in exchange for common stock.
Dec. 2	The company purchased			$700	office supplies on credit.
Dec. 6	The company completed a job and received					$1,000	cash.
Dec. 15	The company prepaid			$12,000	for 12 months rent for office space.
Dec. 18	The company purchased			$5,000	in office equipment on credit.
Dec. 20	The company completed an			$9,000	job for a client on credit.
Dec. 22	The company paid cash of			$2,000	on accounts payable from Dec. 18.
Dec. 30	The company paid cash of			$200	for this month's electric bill.
Dec. 31	The company received			$4,500	cash from the client billed on Dec. 20.
Dec. 31	The company paid cash of			$500	in dividends.
101	Cash
102	Accounts Receivable
105	Office Supplies
120	Prepaid Rent
160	Office Equipment
161	Accumulated Depreciation - Office Equipment
201	Accounts Payable
307	Common Stock
312	Dividends
330	Retained Earnings
401	Services Revenue
600	Depreciation Expense
601	Utilities Expense
602	Office Supplies Expense
603	Rent Expense
2. Post the entries from Req. 1 to the ledger accounts and enter the balance at the end of the month.
3. Prepare an unadjusted trial balance as of Dec. 31.
4. Prepare adjusting entries to reflect adjustments a-d.
a.	The office equipment has a			3	year life.
b.	One month of the prepaid rent has expired.
c.	The inventory of supplies shows				$80	of supplies still available.
d.	The company has earned			$2,500	of services that are not billed at month-end.
5. Post the adjusting entries in Req. 4 to the ledger accounts and update the balances.
6. Prepare an adjusted trial balance as of Dec. 31.
7. Prepare an income statement, statement of retained earnings, and balance sheet as of Dec. 31.
8. Record the necessary closing entries for Jordan Company.
9. Post the closing entries to the ledger accounts and update the balances at the end of the month.
10. Prepare a post-closing trial balance as of December 31, 2016.