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

December $2$ Paid $$950$ cash to Hillside Mall for Business Solutions's share of mall advertising costs.

December $3$ Paid $$500$ cash for minor repairs to the company$$s computer.

December $4$ Received $$4,050$ cash from Alex$$s Engineering Company for the receivable from November.

December $10$ Paid cash to Lyn Addie for six days of work at the rate of $$120$ per day.

December $14$ Notified by Alex$$s Engineering Company that Business Solutions's bid of $$7,600$ on a proposed project has been accepted. Alex$$s paid a $$1,800$ cash advance to Business Solutions.

December $15$ Purchased $$1,700$ 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 $$5,925$ cash.

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

December $28$ Received $$3,200$ cash from Gomez Company on its receivable.

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

December $31$ Paid $$1,300$ 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.

The December $31$ inventory count of computer supplies shows $$630$ still available.

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

As of December $31,$ Lyn Addie has not been paid for four days of work at $$120$ per day.

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

The office equipment, acquired on October $1,$ is expected to have a five$-$year life with no salvage value.

Three of the four months prepaid rent have expired

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

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

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

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

Journal entry worksheet

Record the entry to close the revenue account$($s$).$

Note: Enter debits before credits.

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