i need help with required 1-8

O After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2019, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2019) follows No. Account Title Debat 101 Cash 106 $ 38,564 Accounts receivable 12,618 126 Computer supplies 2,545 128 Prepaid insurance 131 2,040 Prepaid rent 2,980 163 office equipment 3,300 164 Accumulated depreciation office equipment $ 167 Computer equipment 21,600 168 Accumulated depreciation-Computer equipment 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 307 Common stock 63.000 318 Retained earnings 0 319 Dividends 5,700 403 Computer services revenue 36,72 612 Depreciation expense office equipment 613 Depreciation expenser-Computer equipment 623 Wages expense 2,125 6.37 Insurance expense 640 Rent expense 0 652 Computer supplies expense Advertising expense 1,698 676 Mileage expense 624 677 Miscellaneous expenses 160 684 Repairs expense-Computer 775 Totals $ 99,729 $99,729 Business Solutions had the following transactions and events in December 2019, Dec. 2 Paid $950 cash to Hillside Mall for Business Solutions share of mall advertising costs 3 Paid $420 cash for minor repairs to the company's computer. 4 Heceived $4,550 cash from Alex's Engineering Co. for the receivable from November 10 Pald cash to Lyn Addse for six days of work at the rate of $110 per day 14 Motivied by Alerts Engineering co that business Solutions bid of $7,200 on a proposed project has been accepted. Alex's paid cash advance to Solutions 15 Purchased $1,600 of computer supplion or credit from Harris Office Products 16 Sent a reminder to Gomez Co. to pay the fee for services recorded on November 3 20 Completed a project for Liu Corporation and received $6,275 cash 224 Took the week off for the holidays. 26 28 Received $3,100 cash from Gomez Co on its receivable 29 Reimbursed s. Hey for business automobile mileage (400 miles at $0.30 per mile) 31 The company paid $1,500 cash in 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 $590 still available. b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Lyn Addle has not been paid for four days of work at $110 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. Required: 1. Prepare journal entries to record each of the December transactions and events for Business Solutions. 2-o. Prepare adjusting entries to reflect a through 2-b. Post the journal entries to record each of the December transactions from Requirement 1 and adjusting entries from Requirement 2A. After completing Requirement 7 post the closing entries to the general ledger accounts 3. Prepare an adjusted trial balance as of December 31, 2019. 4. Prepare an income statement for the three months ended December 31, 2019. 5. Prepare a statement of retained earnings for the three months ended December 31, 2019 6. Prepare a balance sheet as of December 31, 2019 7. Record the necessary closing entries as of December 31, 2019 and then post the closing entries to the general ledger in Requirement 28 8. Prepare a post-closing trial balance as of December 31, 2019. 101: Cash 106: Accounts Receivable Date Dec 01 Debit Credit Balance 38,564 Debit Credit Date Dec 01 Balance 12618 126: Computer Supplies Debit Credit 128: Prepaid Insurance Debit Credit Date Date Balance Balance 2545 Dec 01 Dec 01 nan 126: Computer Supplies Debit Credit Date Dec 01 Balance 2545 128: Prepaid Insurance Debit Credit Date Dec 01 Balance 2040 131: Prepaid Rent Debit Credit Date Dec 01 Balance 163: Office Equipment Debit Credit Date Dec 01 2,980 Balance 8,300 164: Accumulated Depreciation - Office Equipment Date Debit Credit Balance Dec 01 167: Computer Equipment Debit Credit Date 0 Dec 01 Balance 21 600 168. Accumulated Depreciation-Computer Equipment Date Debit Credit Balance Dec 01 201: Accounts Payable Debit Credit Date Dec 01 Balance 0 168: Accumulated Depreciation-Computer Equipment Date Debit Credit Balance Dec 01 201: Accounts Payable Debit Credit Balance Date Dec 01 0 0 210: Wages Payable Debit Credit Date Balance 236: Unearned Computer Services Revenue Date Debit Credit Balance Dec 01 Dec 01 0 0 307: Common Stock Debit Credit Date 318: Retained Earnings Debit Credit Date Balance Dec 01 Balance 63.000 Dec 01 0 319: Dividends Debit Credit 403. Computer Services Revenue Debit Credit Date Dec 01 Balance 5,700 Date Dec 01 Balance 36.729 319: Dividends Debit Credit Date Dec 01 403: Computer Services Revenue Debit Credit Balance 5,700 Date Dec 01 Balance 36,729 612: Depreciation Expense-Office Equipment Date Debit Credit Balance Dec 01 613: Depreciation Expense-Computer Equipment Date Debit Credit Balance Dec 01 0 623: Wages Expense Debit Credit 637: Insurance Expense Debit Credit Balance Date Dec 01 Balance 2125 Date Dec 01 623 Wages Expense Debit Credit Date Dec 01 637: Insurance Expense Debit Credit Balance 2.125 Balance Date Dec 01 0 640: Rent Expense Debit Credit Date Balance 652: Computer Supplies Expense Debit Credit Date Balance Dec 01 0 Dec 01 0 666: Advertising Expense Debit Credit 676: Mileage Expense Debit Credit Date Balance 1,600 Date Dec 01 Balance 624 Dec 01 677: Miscellaneous Expense 684: Repairs Expense--Computer 655: Advertising Expense Debit Credit Date 676: Mileage Expense Debit Credit Dec 01 Balance 1,698 Date Dec 01 Balance 624 677: Miscellaneous Expense Debit Credit Date Dec 01 584: Repairs Expense-Computer Debit Credit Balance 160 Date Dec 01 Balance 77 901: Income Summary Debit Credit Date Balance Prepare an adjusted trial balance as of December 31, 2019 BUSINESS SOLUTIONS Adjusted Trial Balance December 31, 2019 Account Title Debit Credit Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation-Office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer Services rovenue Common stock Retained earings Dividends Computer services revenue Denreration ananc Office Antiment Accumulated depreciation Office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue Common stock Retained earnings Dividends Computer services revenue Depreciation expense-Office equipment Depreciation expense-Computer equipment Wages expense Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense Miscellaneous expenses Repairs expense Computer Totals DA Prepare an income statement for the three months ended December 31, 2019. BUSINESS SOLUTIONS Income Statement For Three Months Ended December 31, 2019 Revenue Expenses Total expenses BUSINESS SOLUTIONS Statement of Retained Earnings For Three Months Ended December 31, 2019 Retained earnings, October 1, 2019 Retained earnings, December 31, 2019 BUSINESS SOLUTIONS Balance Sheet December 31, 2019 Assets Total Assets Liabilities Total Liabilities Equity Total Assets Liabilities Total Liabilities Equity Total equity Total Liabilities and Equity Prepare a post-closing trial balance as of December 31, 2019. BUSINESS SOLUTIONS Post-Closing Trial Balance December 31, 2019 Debit Credit Cash Accounts receivable Computer supplies Prepaid insurance Prepaid rent Office equipment Accumulated depreciation-Office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable Unearned computer services revenue Common stock Retained earnings Totals