After five years of operations, Svensons Tutoring Clinic showed the following post-closing balances at December 31, 2019.

Cash
	2,000

Accounts Receivable
	5,000

Prepaid Rent
	3,000

Office Equipment
	20,000

Accumulated Depreciation, Office Equipment
		10,000

Unearned Revenue
		2,900

Leda Svenson, Capital
		17,100

Leda Svenson, Withdrawals
	0

Tutoring Revenue
		0

Rent Expense
	0

Depreciation Expense
	0

Advertising Expense
	0

Required: a. Not available in connect. b. Journalize and post the following transactions that occurred during 2020. (If the beginning balance is "0", select the date and enter "0" in the amounts column.)

Jan.	15	Provided $8,000 of tutoring services on account.
Feb.	20	Paid $2,000 for advertising that appeared in todays newspaper.
Jul.	7	Collected $9,000 from credit customers.
Dec.	10	The owner withdrew $3,000 cash for personal use.

c. Prepare an unadjusted trial balance as at December 31, 2020.

d. Journalize and post the adjusting entries on December 31, 2020, based on the following additional information: (If the beginning balance is "0", select the date and enter "0" in the amounts column.) Annual depreciation on the office equipment is $2,000. $2,400 of the balance in unearned revenue has been earned. The entire balance in prepaid rent has expired.

e. Prepare an adjusted trial balance at December 31, 2020.

f-1. Prepare an income statement for the year ended December 31, 2020.

f-2. Prepare a statement of changes in equity for the year ended December 31, 2020.

f-3. Prepare a classified balance sheet at December 31, 2020.

g. Journalize and post the closing entries.

h. Prepare a post-closing trial balance.