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.

$\backslash$table$[[$Number$,$Account Title,Debit,Credit$],[101,$Cash,$$38,764,],[106,$Accounts receivable,$12,718,],[126,$Computer supplies,$2,645,],[128,$Prepaid insurance,$2,160,],[131,$Prepaid rent,$3,080,],[163,$office equipment,$8,700,],[164,$Accumulated depreciation$-0$ffice equipment,,$$6],[167,$Computer equipment,$24,000,],[168,$Accumulated depreciation$-$Computer equipment,,f$],[201,$Accounts payable,,f$],[210,$Wages payable,,$6],[236,$Unearned computer services revenue,,f$],[307,$Common stock,,$66,006],[318,$Retained earnings,,$6],[319,$Dividends,$5,800,],[403,$Computer services revenue,,$37,46],[612,$Depreciation expense$-0$ffice equipment,$0,],[613,$Depreciation expense$-$Computer equipment,$0,],[623,$Wages expense,$2,200,],[637,$Insurance expense,$0,],[640,$Rent expense,$0,],[652,$Computer supplies expense,$0,],[655,$Advertising expense,$1,728,],[676,$Mileage expense,$694,],[677,$Miscellaneous expenses,$240,],[684,$Repairs expense$-$Computer,$735,],[901,$Income summary,,$6],[$Totals$,$$$103,464,$$$103,46]]$

Business Solutions had the following transactions and events in December $2021.$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 $$630$ still available.b$.$ Three months have expired since the $12-$month insurance premium was paid in advance.c$.$ As of December $31,$ Lyn Addie has not been paid for four days of work at $$105$ 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:

Prepare journal entries to record each of the December transactions. Post those entries to the accounts in the ledger.

$2-$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.

Prepare an adjusted trial balance as of December $31,2021.$

Prepare an income statement for the three months ended December $31,2021.$

Prepare a statement of retained earnings for the three months ended December $31,2021.$

Prepare a classified balance sheet as of December $31,2021.$

$7-$a$.$ Record the necessary closing entries as of December $31,2021.$

$7-$b$.$ Each closing entry is posted automatically to the general ledger. $($This is for reference only. No student work is required.$)$

Prepare a post$-$closing trial balance as of December $31,2021.$

Complete this question by entering your answers in the tabs below.

Required $2$A Required $2B$

Prepare journal entries to record each of the December transactions. Post those entries to the accounts in the ledger.

Note: If no entry is required for a transaction or event, select $"$No journal entry required" in the first account field.

Journal entry worksheet

Paid $$1,015$ cash to Hillside Mall for Business Solutions's share of mall

advertising costs.

Note: Enter debits before credits.