I thought I should send you a list of the transactions and events that happened
from December 1 to December 15:
Dec. 1: Issued chq. #217 for $3,600 to Ms. Jackson (the music store owner)
	for 6 months of rent in advance. Due to a change in circumstances, the
	monthly rent has increased and must now be paid in 6-month blocks.
	[debit the whole amount to 'Prepaid Rent'].
Dec. 1: The monthly loan payment is made to the bank. The payment is
	automatically withdrawn. The payment is comprised of a $200 principal
	amount plus the previous month's interest. The interest calculation is: $33
	[Debit the interest portion to 'Interest Payable']
Dec. 3: Received 16 copies of her method book from the local printers store.
	The total cost is $208 and the invoice is due in 30 days.
Dec. 5: Received $92 cash which is for lessons given in November but not
	paid for until Dec. 5.
Dec. 6: Received cash of $5,208 from students paying in advance for
	lessons to be provided in December.
Dec. 12: Sold 14 copies of her piano method books to Woodwards music
	on account for a total amount of $322; terms, net 30 days.
	[Rose will use FIFO to track her inventory of method books. You should
	set up a FIFO subsidiary inventory schedule (like we did in class) to
	determine the cost of goods sold for this and later inventory transactions.
	NOTE: Her Nov. 30 inventory consisted of 9 books that cost $12 each.
	Use the tab labelled "FIFO Schedule" in the Excel worksheets provided].
Dec. 14: Wrote Chq #218 for $173.25 to the East Vancouver Herald
	Newspaper Company for a small advertisement that appeared last week.
	[Debit 'Accounts Payable']
Part 4 Instructions, continued:
Next, post the transactions you journalized to the general ledger.
After that, you will record the remaining December transactions (based on
the following email you receive from your supervisor), post the transactions
to the general ledger, and prepare an unadjusted trial balance at December
31, 2023.
Please go ahead and record them, post them,
and prepare the unadjusted trial balance at December 31.
Dec. 16: Rose will put her own digital piano into the business so that she can
	have 3 pianos in the studio for group lessons. The piano originally cost her
	$1,980 and the estimated fair market value today is $850.
Dec. 17: Purchased office supplies on account costing $78.41. The amount
	is due in 30 days.
Dec. 18: Received 18 copies of her method book from the local printers store.
	The total cost is $252 and the invoice is due in 30 days.
Dec. 19: Issued chq # 219 for $279.50 to pay for December advertising in
	a local business newsletter.
Dec. 20: Withdrew $2,800 from the business bank account for personal
	living costs.
Dec. 22: Sold 16 copies of her piano method books to Paul's music
	on account. The selling price per book is $23; terms, net 30 days.
Dec. 29: Issued chq. #220 for $86.35 to pay for having computer viruses
	from the business laptop. [Debit "Repairs Expense"]