es 4 Pays $1,320 cash for December rent expense. December December 7 Provides all-day training services for a large group and immediately collects $1,900 cash. December 8 Pays $280 cash in wages for part-time help. December 9 Provides training services for $2,720 and rents training equipment for $760. The customer is b for these services. December 19 Receives $3,480 cash from the customer billed on Dec. 9. December 20 Purchases $2,160 of supplies on credit from a supplier. December 23 Receives $1,920 cash in advance of providing a 4-week training service to a customer. December 29 Pays $1,380 cash as a partial payment toward the accounts payable of Dec. 20. December 30 Withdrawal of $580 cash by the owner for personal use. Information for month-end adjustments follows: December 31 One month of the 12-month, $4,560 insurance policy is expired by December 31. This leaves $4,1 expired. December 31 A physical count of supplies on December 31 shows that only $1,280 of supplies remain of the $ purchased. December 31 The $7,920 of equipment purchased at the beginning of December has a useful life of 5 years am worth nothing at the end of 5 years (60 months). The business uses straight-line depreciation the $7,920 net cost over 60 months. On December 31, 1 month of depreciation must be recorded. December 31 The business agreed on December 23 to provide a 4-week training service to a customer for a fi $1,920 paid in advance. By December 31, the business has provided 1 of the 4 weeks of services one-fourth of the fee. No revenue is yet recorded. December 31 On December 31, wages of $680 are owed to a part-time employee for work done over the past 3 w wages are not yet paid or recorded. December 31 The business agreed to provide 6 weeks of training services to a customer for a fee of $4,680, week. The customer agrees to pay the full $4,680 at the end of 6 weeks when services are compl December 31, 2 weeks of services have been provided, but the business has not yet billed the c recorded the 2 weeks of services provided. Requirement General Journal Account Cash Accounts receivable General Ledger Trial Balance Income Statement St Owners Equity Begin by selecting "Post-closing" from the drop-down below. Then, for each account, use the drop-down to indicate whether the account is included on the post-closing trial balance. Based on your decisions, the post-closing trial balance will be created. Compare your results with the Trial Balance tab. Post-closing Included on Post-closing trial balance? Balance Sheet Post Closing Type of Account Post-closing Trial Balance Debit Credit

December 4 Pays $1,320 cash tor December rent expense. December 7 Provides all-day training services for a large group and immediately collects $1,900 cash. December 8 Pays $280 cash in wages for part-time help. Decenber 9 Provides training services for $2,720 and rents training equipment for $760. The customer is for these services. Decesber 19 Receives $3,480 cash from the customer billed on Dec. 9 . December 20 Purchases $2,160 of supplies on credit from a supplier. December 23 Receives $1,920 cash in advance of providing a 4 -week training service to a customer. December 29 Pays $1,380 cash as a partial payment toward the accounts payable of Dec. 20 . December 30 Withdrawal of $580 cash by the owner for personal use. Information for month-end adjustments follows: December 31 One month of the 12 -month, $4,560 insurance policy is expired by December 31 . This 1 eaves $4, expired. December 31 A physical count of supplies on December 31 shows that only $1,280 of supplies remain of the purchased. Decenber 31 The $7,920 of equipment purchased at the beginning of December has a useful 11 fe of 5 years ar worth nothing at the end of 5 years ( 60 months). The business uses straight-1ine depreciation the $7,920 net cost over 60 months. On December 31,1 month of depreciation must be recorded. December 31 The business agreed on December 23 to provide a 4 -week training service to a customer for a f. $1,920 paid in advance. By December 31, the business has provided 1 of the 4 weeks of services one-fourth of the fee. No revenue is yet recorded. December 31 On December 31 , wages of $680 are owed to a part-time employee for work done over the past 3 wages are not yet paid or recorded. December 31 The business agreed to provide 6 weeks of training services to a customer for a fee of $4,680 week. The customer agrees to pay the full $4,680 at the end of 6 weeks when services are comp? December 31,2 weeks of services have been provided, but the business has not yet billed the recorded the 2 weeks of services provided. Begin by selecting "Post-closing" from the drop-down below. Then, for each account, use the drop-down to indicate whether the account is included on the post-closing trial balance. Based on your decisions, the post-closing trial balance will be created. Compare your results with the Trial Balance tab