IF YOU COULD PLEASE PUT IT IN A SHEET LIKE FORM THAT WOULD HELP SO MUCH!! THANK YOU!!
can you also check the ones I filled out I don't think I got the insurance or rent right in 2A
After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2021, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2021) follows. Business Solutions had the following transactions and events in December 2021. December 2 Paid $925 cash to Hillside Mall for Business Solutions's share of mall advertising costs. December 3 Paid $400 cash for minor repairs to the company's computer. December 4 Received $4,650 cash from Alex's Engineering Company for the receivable from November. December 10 Paid cash to Lyn Addie for six days of work at the rate of $110 per day. December 14 Notified by Alex's Engineering Company that Business Solutions's bid of $7,800 on a proposed project has been accepted. Alex's paid a $2,200 cash advance to Business Solutions. December 15 Purchased $2,100 of computer supplies on credit from Harris office Products. December 16 Sent a reminder to Gomez Company to pay the fee for services recorded on November 8. December 20 Completed a project for Liu Corporation and received $6,625 cash. December 22-26 Took the week off for the holidays. December 28 Received $3,700 cash from Gomez Company on its receivable. December 29 Reimbursed S. Rey for business automobile mileage (500 miles at $0.26 per mile). December 31 Paid $1,500 cash for dividends. for the 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 $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. Post those entries to the accounts in the ledger. 2-a. Prepare adjusting entries to reflect a through f. 2-b. Post the journal entries to record each of the December transactions, adjusting entries to the accounts in the ledger. 3. Prepare an adjusted trial balance as of December 31, 2021. 4. Prepare an income statement for the three months ended December 31, 2021. 5. Prepare a statement of retained earnings for the three months ended December 31, 2021. 6. Prepare a classified balance sheet as of December 31, 2021. 7. Record the necessary closing entries as of December 31,2021. 8. Prepare a post-closing trial balance as of December 31, 2021. Prepare journal entries to record each of the December transactions. Post those entri accounts in the ledger. (If no entry is required for a transaction/event, select "No jou required" in the first account field.) Prepare adjusting entries to reflect a through f. (If no entry is required for a transac select "No journal entry required" in the first account field.) \begin{tabular}{|c|c|c|c|} \hline \multicolumn{3}{|c|}{ 101: Cash } \\ \hline Date & Debit & Credit & Balance \\ \hline December 01 & & & 38,664 \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \multicolumn{4}{|c|}{ 126: Computer Supplies } \\ \hline Date & Debit & Credit & Balance \\ \hline December 01 & & & 2,645 \\ \hline \multicolumn{5}{|c|}{} & \\ \hline \multicolumn{5}{|c|}{} & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|r|} \hline \multicolumn{4}{|c|}{ 319: Dividends } \\ \hline Date & Debit & Credit & Balance \\ \hline December 01 & & & 6,200 \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Prevare an adiusted trial balance as of December 31.2021 Prepare a statement of retained earnings for \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Required & Requir... & Requir... & Requir... & Requir... & Requir... Req \\ 1 & 2A & 2B & 3 & 4 & 5 \\ \hline \end{tabular} Prepare a classified balance sheet as of December 31, 2021 Journal entry worksheet \langle Record the entry to close the revenue account(s). Journal entry worksheet
