After the success of the company's first two months, Santana Rey continues to operate busmessits unadjusted trial balance of Business Solutions $($reflecting its transactions for October and Novemb

Business Solutions had the following transactions and events in December $2021.$

Oecember $2$ Paid $$1,025$ cash to Hiliside Mall for Business Solutions's share of mall adventising costs. becember $3$ paid $$59$ cash for minor repairs to the company's computer.

Oecember $4$ Received $$3,950$ cash from Alex's Engineering Company for the receivable from November.

Oecember $16$ Paid cash to Lyn Addie for six days of work at the rate of $$12$s per day.

December $14$ Notified by Alex's Engineering Company that isusiness Solutions's bid of $$7,$ eae on a proposed project has been Decenber is purchased $$1,190$ of computer supplies on credit fromes. Solutions.

December $16$ Sent a reminder to Gomez company to pan the fee for services office Products.

December $20$ Completed a project for liu Corpocition and recefveld services recorded on November $8.$

oecember $22-26$ Took the week off for the holidays.

Dechaber $28$ Received $$3,609$ cash from Gomez Company on its recelvable

December $29$ Reimbursed $$.$ Key for business autombite mileage $(600$miles at $$0\mathrm{.}32$ per mile$).$

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 $$580$ still avallable.

b$.$ Three months have expired since the $12-$month insurance premium was pald in advance.

c$.$ As of December $31,$ Lyn Addle has not been pald for four days of work at $$125$ per day.

d$.$ The computer system, acquired on October $1,$ is expected to have a four$-$year life with no salvage value.

f$.$ Three of the four months' prepard rent have expired.

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

Journal entry worksheet

$1$

$2$

$3$

$4$

Record the entry to close the dividends account.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[\backslash$table$[[$December$],[31]],,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$