2 10 points asset 2.3 Prepare. Login Return Next Assignment Instructions: Transfer information from the General Journal to the T-accounts. You are required to include the closing balances for each account. You may be required to record unadjusted, adjusted, or post-closing balances based on account information. Use the information located in Unit 4 Module for additional support. Use the Excel spreadsheet (T-accounts) or create your own T-accounts for this part of the assignment. If you prefer to use Ledger Accounts instead of T-accounts you are more than welcome to do so (see your textbook for additional support. Proper formatting is required to receive full credit for this part of the assignment. Edit View Insert Format Tools Table 12pt p Previous Paragraph BIU AV T v WP 3 3 < Next Edit 12pt View Insert Format Tools Table Paragraph BIUA No. Date Transaction 1. Dec. 31 Salaries Payable Cash To record payment of salaries payable from year 2. 2. Feb. 1 Notes Payable Cash To record payment on debt owed to the small business Government agency. 3. Mar. 3 Cash Accounts Receivable Service Revenue To record revenue from security services. 4. May. 1 Rent Expense Prepaid Rent To record rent expense for the year. Debit CO L Credit $1,200 $1,200 $2,000 $2,000 $11,000 $21,000 $32,000 $2,250 $2,250 $580 $580 5. Jun. 10 Supplies Accounts Payable To record supplies used. 6. Jul. 1 Salaries Expense $9,000 table tbody tr td WP Edit View View Insert Format Tools Table 12pt Paragraph BIUA 6. Jul. 1 Salaries Expense Cash 7. Aug. 12 To record payment of salaries expense for the year. Operating Expense Accounts Payable L T v $9,000 To record other operating expenses incurred on account. 8. Oct. 1 Cash Unearned Revenue To record advance payment for services to be provided. 9. Nov. 5 Cash Accounts Receivable To record collection of accounts receivable. 10. Dec. 1 Accounts Payable Cash To record payment on accounts payable. 11. Dec. 28 Advertising Expense Cash table tbody trtd CO L $9,000 $4,200 $4,200 $1,200 $1,200 $19,000 $19,000 $5,950 $1,800 $5,950 I $1,800 WP E Edit View Insert Format Tools Table 12pt Paragraph BIU A V BIUAT v Accounts Receivable To record collection of accounts receivable. 10. Dec. 1 Accounts Payable Cash To record payment on accounts payable. 11. Dec. 28 Advertising Expense Cash To record payment of advertising expenses for the year. 12. Dec. 29 Retained Earnings Cash To record cash dividends paid to shareholders. 13. Dec. 30 Unearned Revenue Service Revenue To recognize revenue from services to be provided. 14. Dec. 31 Salaries Expense Salaries Payable table tbody tr td To record accrued salaries at the I end of the year. < WP $19,000 $5,950 $5,950 $1,800 $1,800 $4,650 $4,650 $100 $100 $1,000 $1,000 Dz