After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30.2021. uncid usted trial balance of Business Solutions (reflecting its transactions for October and November of 2021) follows. Business Solutions had the following transactions and events in December 2021. Decenter? Paid 5940 cash to Hillstde Mal1 for Business. Solutions's share of mall advertising coses. Decenter 3 Pald 5430 cash for winer repaliss to the coepany's coeputer. Decenter 4 Recelved $4,650 cash from Alex's Engineering Coepary for the recelvable from Noveaber. Decester 19 Paid cash to Lyn Mddie for six days of work at the rate of $105 pen day. Detreber is Hotified by Alex's Engineering Coepany that Busibess Solutions's bid of 37 , 3ee on a propeled froject has been: accepted. Alex's pa1d a $2, 50e cash advance to Bosiness. Solutions. Decenber 15 Purchased $1,300 of conputer supplies on credit fron Harris offtee Products. Deconther is Sent a reninder to Goenz company to pay the fee for services recorded on howeeber 1. . Decentien 20 completed a project for thu copporation and recefved \$5, Gis cash. Decentiner 2226 took the week off for the holidyys. Pecerber 29 Redinbursed 5 . Mey for business autonobile =ileage (400 lites at 40.24 per =1le). becenber it paid $1,400 cash for dividends. December 29 Reinbursed S. Rey for business automobile mileage (400 wiles at $0.24 per alle). December 31 Paid $1,400 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 a. The December 31 inventory count of computer supplies shows $660 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: 1. 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. 3. Prepare an adjusted trial balance as of December 31, 2021 4. Prepare an income statement for the three months ended December 31, 2021. 5. Prepare a statement of retained earnings for the three months ended December 31, 2021 6. Prepare a classified balance sheet as of December 31, 2021. 7. Record the necessary closing entries as of December 31, 2021 8. Prepare a post-closing trial balance as of December 31, 2021 Complete this question by entering your answers in the tabs below. Prepare journal entries to record each of the December transactions. Post those entries to the accounts in the ledger. (II no entry is required for a transaction/event, select "No journal entify required" in the first account field.) 1. Prepare joumal entries to record each of the December transactions, Post those entries to the accounts in the ledger. 2-a. Prepare adjusting enties 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 becember 31, 2021. 4. Prepare an income statement for the three months encled December 31, 2021. 5. Prepare a statement of retained eamings for the three months ended December 31, 2021 6. Prepare a classified balance sheet as of December 31, 2021. 7. Record the necessary closing entries as of December 31,2021. 8. Prepare a post-closing trial balance as of December 31, 2021. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a post-closing trial balance as of December 31,2021 , 8. Prepare a post-closing tral balance ac for becember si, 2021 Answer is not complete. Complete this question by entering your answers in the tabs below. Record the necessary closing entries as of December 31,2021. Complete this question by entering your answers in the tabs below