ped 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 Debit Credit 101 Cash $ 38,564 106 Accounts receivable 13,318 126 Computer supplies 2,645 128 Prepaid insurance 2,840 131 Prepaid rent 3,220 163 Office equipment 8,700 164 Accumulated depreciation office equipment $ e 162 Computer equipment 20,800 166 Accumulated depreciation Computer equipment e 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 302 S. Rey, Capital 382 71,080 Rey, Kithdrawals 5. pag Computer Services revenue 29,654 Depreciation expense-Office equipment 613 Depreciation expense-computer equipment 623 Hages expense 2,154 Insurance expense Rent expense Computer supplies expense 653 Advertising expense 1,699 676 Mileare expense 677 Miscellaneous expenses 1e 684 Repairs expense-Computer 745 Totais $100,654 Sli, noes Business Solutions had the following transactions and events in December 2019 De Pids cath to Hillside 11 for US solution of directo Paid 10 cash for minor rapain to the compartir ceived 14.45e cash from Alex't Engineering for the cavablaron Neverther ze vaihto Lyn Adise for six day of work the title 14 Noelies by Alex Endineering that it salutsentido conect has been accepted. Alwet paid cash advance to 31/ou of computer upolenta dance to pe Mih Corpteck for Laboratori SHUMIHI than the day 1 16 Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8. 20 Completed a project for Liu Corporation and received 35,875 cash. 22- Took the week off for the holidays. 26 28 Received $3,200 cash from Gomez Co. on its receivable. 29 Reimbursed S. Rey for business automobile mileage (400 miles at 50.27 per mile) 31 S. Rey withdrew $1,5ee cash from the company for personal use. apped The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months SOOK a. The December 31 inventory count of computer supplies shows $670 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 $115 per day d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value c. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value 1. 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-a. Prepare adjusting entries to reflect a through 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, 2019, 4. Prepare an income statement for the three months ended December 31, 2019. 5. Prepare a statement of owner's equity for the three months ended December 31, 2019, 6. Prepare a balance sheet as of December 31, 2019. Complete this question by entering your answers in the tabs below. R1 Rea 24 Reg 28 Rag 3 R44 Rea 3 Re: 6 Prepare journal entries to record each of the December transactions and events for Business Solutions en entiscuired transaction event les o journal entry required in the account adil ped 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 Debit Credit 101 Cash $ 38,564 106 Accounts receivable 13,318 126 Computer supplies 2,645 128 Prepaid insurance 2,840 131 Prepaid rent 3,220 163 Office equipment 8,700 164 Accumulated depreciation office equipment $ e 162 Computer equipment 20,800 166 Accumulated depreciation Computer equipment e 201 Accounts payable 210 Wages payable 236 Unearned computer services revenue 302 S. Rey, Capital 382 71,080 Rey, Kithdrawals 5. pag Computer Services revenue 29,654 Depreciation expense-Office equipment 613 Depreciation expense-computer equipment 623 Hages expense 2,154 Insurance expense Rent expense Computer supplies expense 653 Advertising expense 1,699 676 Mileare expense 677 Miscellaneous expenses 1e 684 Repairs expense-Computer 745 Totais $100,654 Sli, noes Business Solutions had the following transactions and events in December 2019 De Pids cath to Hillside 11 for US solution of directo Paid 10 cash for minor rapain to the compartir ceived 14.45e cash from Alex't Engineering for the cavablaron Neverther ze vaihto Lyn Adise for six day of work the title 14 Noelies by Alex Endineering that it salutsentido conect has been accepted. Alwet paid cash advance to 31/ou of computer upolenta dance to pe Mih Corpteck for Laboratori SHUMIHI than the day 1 16 Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8. 20 Completed a project for Liu Corporation and received 35,875 cash. 22- Took the week off for the holidays. 26 28 Received $3,200 cash from Gomez Co. on its receivable. 29 Reimbursed S. Rey for business automobile mileage (400 miles at 50.27 per mile) 31 S. Rey withdrew $1,5ee cash from the company for personal use. apped The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months SOOK a. The December 31 inventory count of computer supplies shows $670 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 $115 per day d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value c. The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value 1. 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-a. Prepare adjusting entries to reflect a through 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, 2019, 4. Prepare an income statement for the three months ended December 31, 2019. 5. Prepare a statement of owner's equity for the three months ended December 31, 2019, 6. Prepare a balance sheet as of December 31, 2019. Complete this question by entering your answers in the tabs below. R1 Rea 24 Reg 28 Rag 3 R44 Rea 3 Re: 6 Prepare journal entries to record each of the December transactions and events for Business Solutions en entiscuired transaction event les o journal entry required in the account adil