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MyBnB started a home rental company on January 1 . As of November 30,MyBnB reported the following balances. The company does not yet have a

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MyBnB started a home rental company on January 1 . As of November 30,MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. 4. Prepare T-accounts that show the November 30 balances as December 1 beginning balances and then post the journal entries from your answer to requirement 3 to calculate updated December 31 balances. Retained Earnings has a beginning balance of $0. MyBnB started a home rental company on January 1. As of November 30 , MyBnB reported the following balances. The company does not yet have a balance in Retained Earnings because this is its first year of operations so no net income has been reported in prior years. 3. Prepare journal entries for the following December transactions. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a. Provided rental services at a price of $510 and collected the full amount in cash. b. Paid \$119 cash to a cleaning company for December work. c. Paid $102 cash to MyBnB's part-time employee for December wages. d. Paid $170 cash on account for amounts owed from a prior equipment purchase. e. Obtained repair services in December at a cost of $68, to be paid in January

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