General General Income Requirement St Retained Trial Balance Impact on Balance Sheet Journal Ledger Statement Earnings Income Each journal entry is posted automatically to the general ledger. Use the drop-down button to view the unadjusted or adjusted balances. Adjusted General Ledger Account The November 30, 2018, unadjusted trial balance of On Point is found in the Trial balance tab. OnPoint had the following transactions and events in December 2018. Dec. Dec. Dec. Dec Dec. Dec Dec. Dec. Dec. 2 Paid $1,090 cash to Cayuga Mall for OnPoint' share of mall advertising costs. 3 Paid $540 cash for minor repairs to the company's computer. 4 Received $5,200 cash from Kuhl Engineering Co. for the receivable from November. 10 Paid cash to Marion Meng for six days of work at the rate of $160 per day. 14 Notified by Kuhl Engineering Co. that onPoint' bid of $7,200 on a proposed project has been accepted. Kuhl paid a $1,600 cash advance to On Point. 15 Purchased $1,200 of computer supplies on credit from Brady Office Products. 16 Sent a reminder to Ryan Co. to pay the fee for services recorded on November 8. 20 Completed a project for Kennedy Corporation and received $5,800 cash. 22- took the week off for the holidays. 26 28 Received $3,400 cash from Ryan Co. on its receivable. 29 Reimbursed M. Meng for business automobile mileage (700 miles at $0.32 per mile). 31 The company paid $1,700 cash in dividends. Dec. Dec. Dec. 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 $660 still available. b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Marion Meng has not been paid for four days of work at $160 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