After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30,2018 , unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2018) follows. Business Solutions had the following transactions and events in December 2018 . Dec. 2 Paid 5965 cash to Hillside Mall for Business Solutions' share of mall advertising costs. 3 Paid 5460 cash for minor repairs to the company's computer. 4 Received $4,350 cash from Alex's Engineering Co, for the receivable from November. 10 Paid cash to Lyn Addie for six days of work at the rate of $115 per day. 14 Notified by Alex's Engineering Co. that Business Solutions' bid of $7,108 on a proposed project has been accepted. Alex's paid a $1,76B cash advance to Business Solutions. 15 Purchased $1,400 of computer supplies on credit from Harris office Products. 16 Sent a reminder to Ginme? co. to nav the fee for services recorded on November 8 . Business Solutions had the following transactions and events in December 2018. Dec. 2 Paid $965 cash to Hillside Mall for Business Solutions' share of mall advertising costs. 3 Paid $468 cash for minor repairs to the company's computer. 4 Received $4,359 cash from Alex's Engineering Co. for the receivable from November. 10 Paid cash to Lyn Addie for six days of work at the rate of $115 per day. 14 Notified by Alex's Engineering Co. that Business Solutions' bid of $7,100 on a proposed project has been accepted. Alex's paid a $1,700 cash advance to Business Solutions. 15 Purchased 51,400 of computer suppties on credit fron Harris Office Products. 16 Sent a reninder to Gomez Co. to pay the fee for services recorded on November 8. 20 Completed a project for Liu Corporation and received $5,875 cash. 22- Took the week off for the holidays. 28 Received $3,800 cash from Gomez Co2. on its receivable. 29 Reimbursed S. Rey for business autonobile mileage ( 500 ailes at $0.30 per mile). 31 The company paid $1,10e cash in dividends. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months: a. The December 31 inventory count of computer supplies shows $610 still avallable. b. Three months have expired since the 12 -month insurance premium was paid in advance. c. As of December 31, Lyn Addie has not been paid for four days of work at $115 per day. d. The computer system, acquired on October 1 , is expected to have a four-year life with no salvage value. e. The office equipment, acquired on October 1 , is expected to have a five-year life with no salvage value. f. Three of the four months' prepaid rent have expired. Required: 1. Prepare journal entries to record each of the December transactions and events for Business Solutions. 2-a. Prepare adjusting entries to reflect a through f. 2-b. Post the journal entries to record each of the December transactions, adjusting entries to the accounts in the ledger. 3. Prepare an adjusted trial balance as of December 31,2018 . 4. Prepare an income statement for the three months ended December 31, 2018. 5. Prepare a statement of retained earnings for the three months ended December 31,2018 . 7. Prepare a balance sheet as of December 31,2018 . 8. Prepare a post the necessary closing entries as of December 31, 2018. 8. Prepare a post-closing trial balance as of December 31,2018 , Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December tronsactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Paid $965 cash to Hillside Mall for Business Solutions' share of mall advertising costs, Note: Enter debits before oredits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Paid $460 cash for minor repairs to the company's computer. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is req transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 567811 Received $4,350 cash from Alex's Engineering Co. for the receivable from November. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet \begin{tabular}{l} \langle \\ \hline Paid cash to Lyn Addie for six days of work at the rate of $115 per day. \\ Note: Enter debits before credits. \end{tabular} Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Notified by Alex's Engineering Co. that Business Solutions' bid of $7,100 on a proposed project has been accepted. Alex's paid a $1,700 cash advance to Business Solutions. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet \begin{tabular}{ll|l|l|} \hline 1 & 2 & 5 & 7 \\ \hline \end{tabular} Purchased $1,400 of computer supplies on credit from Harris Office Products. Note: Enter debits before credits Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 12345 Completed a project for Liu Corporation and received $5,875 cash. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1459) Received $3,800 cash from Gomez Co, on its receivable. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credts. Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions and events for Business Solutions. (If no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account field.) Journal entry worksheet Journal entry worksheet 2 The December 31 inventory count of computer supplies shows $610 still available. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare adjusting entries to reflect a through f. Journal entry worksheet 6 Three months have expired since the 12 -month insurance premium was paid in advance. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare adjusting entries to reflect a through f. Journal entry worksheet 6 As of December 31, Lyn Addie has not been paid for four days of work at $115 per day. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. Prepare adjusting entries to reflect a through f. Journal entry worksheet