After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2021, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2021) follows. Number Account Title 101 Cash Debit Credit 106 Accounts receivable $ 38,564 126 13, 418 Computer supplies 128 Prepaid insurance 2,645 131 2,100 Prepaid rent 163 3,240 Office equipment 164 Accumulated depreciation-office equipment 8,400 167 Computer equipment 21,200 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 66,000 318 Retained earnings 319 Dividends 6,200 403 Computer services revenue 35,254 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 2,200 637 Insurance expense 640 Rent expense 652 Computer supplies expense 1,688 655 Advertising expense 634 676 Mileage expense 210 677 Miscellaneous expenses 755 684 Repairs expense-Computer 901 Income summary $ 101,254 $ 101,254 Totals 0 0 0 Business Solutions had the following transactions and events in December 2021. Book Print ferences Business Solutions had the following transactions and events in December 2021 December 2 paid $1,020 cash to Hillside Mall for Business Solutions's share of all advertising costs. December 3 Paid $450 cash for minor repairs to the company's computer. December 4 Received $4,550 cash from Alex's Engineering Company for the receivable fron November. December 10 Paid cash to Lyn Addie for six days of work at the rate of $110 per day. December 14 Notified by Alex's Engineering Company that Business Solutions's bid of $7,300 on a proposed project has been accepted. Alex's paid a $1,700 cash advance to Business Solutions. December 15 Purchased $1,600 of computer supplies on credit from Harris Office Products. December 16 Sent a reminder to Gomez Company to pay the fee for services recorded on November 8. December 20 Completed a project for Liu Corporation and received $6,275 cash. December 22-26 Took the week off for the holidays. December 28 Received $3,300 cash from Gonez Company on its receivable. December 29 Reimbursed S. Rey for business automobile mileage (500 miles at $8.31 per mile). December 31 Paid $1,100 cash for 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. Account Title Debit Credit Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation Office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Uneared computer services revenue Common stock Retained earnings Dividends Computer services revenue Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense--Computer Totale Required 1 Required 2A Required 2B Required 3 Required 4 Required 5 Required Prepare an income statement for the three months ended December 31, 2021. BUSINESS SOLUTIONS Income Statement For Three Months Ended December 31, 2021 Revenue Expenses Total expenses 0 $ 0 Required 1 Required 2A Required 2B Required 3 Required 4 Required 5 Require Prepare a statement of retained earnings for the three months ended December 3 BUSINESS SOLUTIONS Statement of Retained Earnings For Three Months Ended December 31, 2021 Retained earnings, October 1, 2021 0 Retained earnings, December 31, 2021 $ Balance Sheet December 31, 2021 Assets Current assets 0 Plant assets 0 0 0 0 Liabilities 0 Equity Total equity Total Liabilities and Equity 0 $ $ 0 Prev 1 of 1 D Dec 30 onder Cew ME GO Na Q Search or enter website name 1 2 $ * 4 X 5
= Decor 31 Crede G SC Q Search or enter website name 2 2 # 3 $ @ A A 6 & 7 a Serial Problem aromheducation.com 1 1 100 Journal entry worksheet Recent the entry to close the comes out > De Dec 30 General CSC Q Search or enter website me 1 e 2 # 3 $ 4 G C % 5 . 6 Q 7 W 8 E 9 R 0 T . Y U ack A S 0 D F F G J N L c emies as on December 31, 2UZI. View transaction list Journal entry worksheet Prev 1 of 1 Next Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3 Required 4 Required 5 Required 6 Prepare a post-closing trial balance as of December 31, 2021. BUSINESS SOLUTIONS Post-Closing Trial Balance December 31, 2021 Debit Credit Totals $ 0 $
