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After the success of its first two months, Kate Blackwell has decided to continue operating Blackwell Systems. Before proceeding in December, Dorth adds these

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After the success of its first two months, Kate Blackwell has decided to continue operating Blackwell Systems. Before proceeding in December, Dorth adds these new accounts to the chart of accounts for the ledger: Account Accumulated Depreciation, Office Equipment Accumulated Depreciation, Computer Equipment Wages Payable Unearned Computer Services Revenue Depreciation Expense, Office Equipment Depreciation Expense, Computer Equipment Insurance Expense Rent Expense Computer Supplies Expense Required No. 164 168 210 236 612 613 637 640 652 1. Prepare journal entries to record each of the following transactions for Blackwell Systems. Post the entries to the accounts in the ledger. Dec. 3 Paid $3,800 to the Londonderry Mall for the company's share of mall advertising costs for December. 3 Paid $450 to repair the company's computer. 4 Received the balance owing from Everest Entertainment. ($7,675) 10 Paid Trish Duresh for four days' work at the rate of $325 per day. 14 Notified by Everest Entertainment that Ballister's bid of $15,000 on a proposed project was accepted. Everest paid an advance of $5,000. 17 Purchased $1,025 of computer supplies on credit from Staples Supplies. 18 Sent a reminder to Blackfeather Adventures to pay the $4,125 originally recorded on November 8. 20 Completed a project for Piperell Lake Industries and received $1,250 cash. 24-28 Took the week off for the holidays. 31 Received $1,200 as partial payment from Blackfeather Adventures. 31 Reimbursed Kate Blackwell's business automobile expenses of 2,125 kilometres at $2.05 per kilometre. 31 Kate Blackwell withdrew $3,000 cash from the business.

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