Create an adjusted trial balance for the given problem.

SP 3 Serial Problem Business Solutions (Algo) LO P', P2, P3, P4, PS After the suceesS Of the company's first two months, Santona Rey continues to operate Business solutions. The NOvembr 30, 2021, unadjusted trial balance Of Business Solutions (reflecting its transactions rot October and November of 2021) follows, 101 106 126 128 131 163 164 167 168 201 210 236 307 318 319 403 612 613 623 637 640 652 655 676 671 901 Cash Account g receivable Computer supplies Prepaid insuranee Prepaid rent Office Accumulated depreciationOffice equipment Accumulated equipment Accounts payable Wage. payable unearned coQueer services revenue Stock Retained earning. Dividends Computer revenue Depreciation expenzeOffico equipment Depreciation expenseComputer equipment Wages expense Inuuranco Rent expense Computer supples expense Advortiing expen.e Hi leage expense His cellaneous expenses, IncoN unary 2,545 3,240 23,600 64,000 5,600 38 2,175 i, 718 684 170 715 $ 102,269 $ 102,269 Business Solutions had the following transactions and events in December 2021. December 2 December 3 Decrber 4 December 10 December 14 Decober 15 Decber 16 December 20 Deceer 22-26 Dece.b.r 28 December 29 Deceber 31 Paid $985 cash to Hillside tor Busineas Solutions share Of' mail advertising Costs. Paid $430 Cagh for minor repairs to the company ' u computer. Received $4.8SO cash from Engineering Company for the receivable Paid cash to Lyn Addie for six days of "Ork ae the rate Of $105 per day. Notified by Englnoering Company Solutions 'n bid Of $7,800 on a propozed been accepted. Alex's paid a 600 cash advance to Solution'. Purchased $1, 600 of ccnputer supplies on credit Office Products ' Sent a reminder to Crnpany to pay ha foo for recorded November Completed a project for Liu Corporation and xecoivd $$ cash, Took the week off tor the holidays. Received $3, 500 cazh Comez Company On Reimbursed S. Rey 'or busineg mileage (500 mi leg $0.30 per Paid $1,200 cash for dividend* . The following additional facts are collected for use in making adjusting entries ptior to preparing financial statements for the company's first three months. a. The December 31 inventory count of computer supplies shows $650 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 I. is expected to have a five-year life With no salvage value, f. Three of the four months' prepaid rent have expired, Required: I. Prepare Journal entries to record each of the December transactions. post those entries to the accounts in the ledger, 2-0. 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. i 3. Prepare an adjusted trial batance as of December 31, 2021. 4. Prepare on income statement for the three months ended December 31.2021. 5. Prepare e 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,