Business Solutions had the following transactions and events in December 2021. December 2 Paid $988 cash to Hillside Mall for Business Solutions's share of mall advertising costs. December 3 Paid $480 cash for minor repairs to the company's computer. December 4 Received $4,250 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 $105 per day. December 14 Notified by Alex's Engineering Company that Business Solutions's bid of $7,500 on a proposed project has been accepted. Alex's paid a $1,700 cash advance to Business Solutions. December 15 Purchased $1,200 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 $6,275 cash. December 22-26 Took the week off for the holidays. December 28 Received $3,900 cash from Gomez Company on its receivable. December 29 Reimbursed S. Rey for business automobile mileage (600 miles at $0.23 per mite). 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 $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. Business Solutions had the following transactions and events in December 2021. December 2 Paid $988 cash to Hillside Mall for Business Solutions's share of mall advertising costs. December 3 Paid $480 cash for minor repairs to the company's computer. December 4 Received $4,250 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 $105 per day. December 14 Notified by Alex's Engineering Company that Business Solutions's bid of $7,500 on a proposed project has been accepted. Alex's paid a $1,700 cash advance to Business Solutions. December 15 Purchased $1,200 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 $6,275 cash. December 22-26 Took the week off for the holidays. December 28 Received $3,900 cash from Gomez Company on its receivable. December 29 Reimbursed S. Rey for business automobile mileage (600 miles at $0.23 per mite). 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 $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. Journal entry worksheet 1 2 3 4 5 6 7 7 00 8 11 > Completed a project for Liu Corporation and received $6,275 cash. Note: Enter debits before credits. General Journal Debit Credit Date December 20 Journal entry worksheet 1 2 3 4 5 6 6 7 8 11 > Sent a reminder to Gomez Company to pay the fee for services recorded on November 8. Note: Enter debits before credits. General Journal Debit Credit Date December 16 Journal entry worksheet 1 2 3 4 5 6 7 8 11 > Purchased $1,200 of computer supplies on credit from Harris Office Products. Note: Enter debits before credits. General Journal Debit Credit Date December 15 Journal entry worksheet 1 2 3 4 5 6 7 00 8 11 > A Paid $980 cash to Hillside Mall for Business Solutions's share of mall advertising costs. Note: Enter debits before credits. General Journal Debit Credit Date December 02 Journal entry worksheet 1 2 3 4 5 6 7 8 11 A Notified by Alex's Engineering Company that Business Solutions's bid of $7,500 on a proposed project has been accepted. Alex's paid a $1,700 cash advance to Business Solutions. Note: Enter debits before credits. General Journal Debit Credit Date December 14 Journal entry worksheet 1 2 3 4 5 6 7 00 8 11 > A Paid $980 cash to Hillside Mall for Business Solutions's share of mall advertising costs. Note: Enter debits before credits. General Journal Debit Credit Date December 02 Journal entry worksheet 1 2 3 4 5 6 7 8 11 A Notified by Alex's Engineering Company that Business Solutions's bid of $7,500 on a proposed project has been accepted. Alex's paid a $1,700 cash advance to Business Solutions. Note: Enter debits before credits. General Journal Debit Credit Date December 14 Journal entry worksheet > Paid cash to Lyn Addie for six days of work at the rate of $105 per day. Note: Enter debits before credits. General Journal Debit Credit Date December 10 Journal entry worksheet 1 .... 4 5 6 7 8 9 9 10 11 > Paid $1,400 cash for dividends. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Journal entry worksheet 1 2 3 4 5 6 7 8 8 11 > > Received $4,250 cash from Alex's Engineering Company for the receivable from November Note: Enter debits before credits. General Journal Debit Credit Date December 04 Journal entry worksheet 1 .... 4 5 6 7 8 9 10 11 > Reimbursed S. Rey for business automobile mileage (600 miles at $0.23 per mile). Note: Enter debits before credits. General Journal Debit Credit Date December 29 Journal entry worksheet 1 2 3 4 5 6 7 8 8 11 > > Paid $480 cash for minor repairs to the company's computer. Note: Enter debits before credits. General Journal Debit Credit Date December 03 Journal entry worksheet 1 ..... 4 5 6 7 8 9 11 > > Received $3,900 cash from Gomez Company on its receivable. Note: Enter debits before credits. General Journal Debit Credit Date December 28