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100.00 points Serial Problem Business Solutions LO P1, P2, P3, P4, P5 Ather the success of the company's frst two months, Santana Rey continues to

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100.00 points Serial Problem Business Solutions LO P1, P2, P3, P4, P5 Ather the success of the company's frst two months, Santana Rey continues to operate Business Solutions The November 30, 2015, unadjusted trial balance of October and November of 2015) folows 39,164 101 Cash 106 Accounts receivable 128 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Offloe 64 Accumulated depreciation Office equipment 21,600 201 Accounts paryablie 210 Wages payable 236 Uneamed computer services revenue 307 Common stock 318 Retained eanings 319 Dividends 71,000 6,500 612 Depreciation expense-office equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 676 Mileage expense $103,374 $103,374 Business Solutions had the foilowing transactions and events in December 2015 Deo 2 Paid $955 cash to Hilliside Mail for Business Solutiona' share of mail adverising costs. 3 Paid $410 cash for minor repairs to the company's computer 4 Raceived $4,160 cash fom 0 Paid cash to Lyn Addie for six days of work at the rate of $105 per day 14 Notited by Alex's Engineering Co. hat Business Solutions bid of $7.900 on a proposed eceivaible from November projeat has been accepted. Alex's paid a$1,900 cash advance to Business Solutions. 15 Purchased $1,400 of computor supplies on credt from Hais Office Products 6 Sent a reminder to Gomez Co to pay the fee for services recorded on November & 20 Completed a project for Liu Corporation and received $6 675 cash Took the week off for he holdays 28 Received $3,300 cash from Gomez Co. on its receivable 29 Reimbursed S. Rey for business automobile mieage (500 miles at $0.32 per mle). 31 The company peid $1,200 cash in dividends The folowing adsitional facts are colected for use in making adjusting entries prior to preparing financial statemenls for the company's Srst iree morths a. The December 31 invertory count of computer supplies shows $600 stll available the 12-micnth b. Three months have e. As of December 31, Lyn Adde has not beeh paid for four days of work at $105 per day d. The computer system, axquired on October 1, is expected to have a four year io with no salvage value e. The office equipment, acquired on October 1, is expected to have a ive-year He wilth no salvage value f. Three of the four month prepaid rent has expired Required 1 Prepare jounal entries to record each of the December transacions and events for Business Solutions of no enlry is required for a traneactionlevent, select "Ne jounal entry required" In the first

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