***create the closing journal entry only***

adjusted trial balance added

After the success of the company's first two months, Santana Rey continues to operate Business unadjusted trial balance of Business Solutions (reflecting its transactions for October and Novemb Credit Debit $ 38,564 13,118 2,645 1,980 3,160 8,800 bok nt ences 20,400 ooooo No. Account Title 101 Cash 106 Accounts receivable 126 Computer supplies 128 Prepaid insurance 131 Prepaid rent 163 Office equipment 164 Accumulated depreciation office equipment 167 Computer equipment 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 318 Retained earnings 319 Dividends 403 Computer services revenue 612 Depreciation expense-Office equipment 613 Depreciation expense-Computer equipment 623 Wages expense 637 Insurance expense 640 Rent expense 652 Computer supplies expense 655 Advertising expense Mileage expense 677 Miscellaneous expenses 684 Repairs expense-Computer Totals 73,000 5,600 26,794 250 1,658 644 230 745 $ 99,794 $99,794 Business Solutions had the following transactions and events in December 2017 Business Solutions had the following transactions and events in December 2017. Dec. 2 Paid $1,015 cash to Hillside Mall for Business Solutions' share of mall advertising costs 3 Paid $410 cash for minor repairs to the company's computer. 4 Received $4,950 cash from Alex's Engineering Co. for the receivable from November. 10 Paid cash to Lyn Addie for six days of work at the rate of $105 per day: 14 Notified by Alex's Engineering Co. that Business Solutions' bid of $7,900 on a proposed po accepted. Alex's paid a $1,700 cash advance to Business Solutions. 15 Purchased $1,700 of computer supplies on credit from Harris Office Products. 16 Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8. 20 Completed a project for Liu Corporation and received $6,475 cash. 22- Took the week off for the holidays. 28 Received $3,000 cash from Gomez Co. on its receivable. 29 Reimbursed S. Rey for business automobile mileage (500 miles at $0.28 per mile). 31 The company paid $1,300 cash in dividends. The following additional facts are collected for use in making adjusting entries prior to preparing financial state company's first three months: a. The December 31 inventory count of computer supplies shows $640 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 has expired. Required: 1 Pranaro ima View transaction list Journal entry worksheet View transaction list Journal entry worksheet