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Business Solutions began operations on October 1, 2021. The November 30, 2021 unadjusted trial balance is included on the trial balance tab. Record the following

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Business Solutions began operations on October 1, 2021. The November 30, 2021 unadjusted trial balance is included on the trial balance tab. Record the following transactions and events for December, 2021. December 2 Paid $1,025 cash to Hillside Mall for Business Solutions' share of mall advertising costs. December 3 Paid $500 cash for minor repairs to the company's computer. December 4 Received $3,950 cash from Alex's Engineering Company for the receivable from November. December 10 Paid cash to Lyn Addie for six days of work at the rate of $125 per day. December 14 Notified by Alex's Engineering Company that Business Solutions bid of $7,000 on a proposed project has been accepted. Alex's paid a $1,500 cash advance to Business Solutions. December 15 Purchased $1,100 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 $5,625 cash. December 28 Received $3,000 cash from Gomez Company on its receivable. December 29 Reimbursed S. Rey for business automobile mileage (600 miles at $0.32 per mile). December 31 S. Rey withdrew $1,500 cash from the company for personal use. 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 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 $125 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 6. Three of the four months prepaid rent have expired. Account affecting the: Income Statement Balance Sheet Impact on net income Adjusting entry related to: a) Computer supplies b) Prepaid insurance + c) Accrued wages d) Depreciation - Computer equipment e) Depreciation - Office equipment 1) Prepaid rent 0 Unadjusted BUSINESS SOLUTIONS Balance Sheet December 31, 2021 ASSETS Current assets: 0 0 0 0 0 0 Plant assets 0 0 Total plant assets 0 LIABILITIES AND EQUITY Liabilities: $ Oo oo Equity

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