Part A please

5 Required: 6 Part A Prepare journal entries to record the December transactions shown on page "Transactions Pt. A". General ledger account numbers and descriptions are not needed. 7 8 Post the entries to general ledger T-accounts. 10 11 12 Prepare all necessary adjusting entries based on the information shown on the printed "Adj. Entries Pt. B" page. General ledger account numbers and descriptions are not 13 14 15 necessary. 16 Post the entries to general ledger T-accounts and calculate balances. 17 18 B A 2019 Amount Transactions December 2,000 Issued common stock for cash 2,400 Paid cash for three month's rent: December 2019, January and February 2020 Purchased a used truck on credit (recorded as an account payable) Purchased supplies on credit. These are expected to be used during the month (recorded as exper Paid for a one-year truck insurance policy, effective December 1 Billed a customer for work completed to date Collected cash for work completed to date Paid the following expenses in cash: Advertising 13,000 1,600 2,280 6,000 4,000 700 700 Interest 800 Telephone Truck operating 600 5,000 Wages Collected part of the amount billed in f above Billed customers for work completed to date Signed a contract for work to be performed in January 2020 Paid the following expenses in cash: Advertising 1,000 7,000 5,000 600 Interest 600 Truck operating 900 Wages 2,000 Collected an advance on work to be done in January (the policy of the coproration is to record m. such advances as revenue at the the time they are received) 2,000 Received a bill for electricity used during the month (recorded as utilities expense) 6 n. 800 7 Required Transactions Pt. A T-accounts Adj. Entries Pt. B Dnl. Entries Adj. Trial Ba alculate A C E F G HI K L N 2019 December Adjusting Entries Amount One month of the prepaid insurance has expired. The December portion of the rent paid on December 1 has expired. O. p. Counted supplies and found this amount still on hand (recorded the amount used as an expense) $100 The amount collected in transaction m is unearned at December 31, Three days of wages for December 29, 30, and 31 are unpaid. These will be paid in January. r. $2,000 s. $2,900 One month of depreciation needs to be recorded. Estimated useful life of truck in years is: Income taxes expense to be paid in the next fiscal year. t 3 u. $100 Required Transactions Pt. A Adj. Entries Pt. B T-accounts Inl Entries Adi Trial Dal Statements Copyright Dsplay Setings