Please zoom in to read After the success of the company's first two months, Santana Rey continues to opelate busntess:s unadjusted trial balance of Business Solutions $($reflecting its transactions for October and Novemb

Business Solutions had the following transactions and events in December $2021.$

December $2$ Paid $$1,025$ cash $to$ Hillside Mall for Business Solutions's share $of$ mall advertising costs.

December $3$ Paid $$596$ cash for minor repairs $to$ the company's computer

Oecember $4$ Recelved $$3,950$ cash from Alex's Engineering Company for the receivable from November.

December $14$ Notified $by$ Alex's Engtneering Company that isusiness solutions per day.

accepted. Alex's paid $a$ $$1,560$ cash advance $to$ Business Solutions

Decenber $is$ Purchased $$2,100of$ computer supplies $on$ credit from Harnis office products.

Decenber $16$ Sent a reminder $to$ Gomez Company $to$ pay the fee forl services recorded $on$ November

December $20$ Completed a project for Liu Corporation and received $$5,625$ cash.

omber $22+26$ Took the week off for the holidays.

Decomber $2$ Received $33,608$ cash from Gasez Company $on$ its receivable

December $31$ Reimbursed $$.$ Key for business autombile mileage $(600$ miles $at$ $$0\mathrm{.}32$ per mile$).$

The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months.

a$.$ The December $31$ inventory count of computer supplies shows $$580$ still avallable.

b$.$ Three months have expired since the $12-$month insurance premium was paid in advance.

c$.$ As of December $31,$ Lyn Addle has not been paid for four days of work at $$125$ 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 explred.

Recond the necessary dosing entries as of December $31,2021.$

Journal entry worksheet

$2$

$3$

$4$

Record the entry to close the revenue account$($s$).$

Note: Enter debits before credits.

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