Prepare a classified balance sheet as of December 31. 2021. Complete this question by entering your answers in the tabs below. Prepare adjusting entries to reflect a through f. Note: If no entry is required for a transaction or event, select "No journal entry required" in the first account field. Prepare a statement of retained earnings for the three months ended December 31,2021. Business Solutions had the following transactions and events in December 2021. December 2 Paid $1,010 eash to Hillside Mall for Business Solutions's share of mall advertising costs. December 3 paid $410 cash for minor repairn to the company's computer. Decenber 4 Received $4,950 cash fros Alex's Engineering Company for the receivable froe November. December 10 pald cash to Lyn Addle for six days of work at the rate of $120 per day. December 14 Notified by Alex'n' Engineering Company that Business solutions's bid of $7,700 on a proposed project has been accepted. Alex's paid a $1,500 cash advance to Buainens solutions. Decenber 15 Purchased $1,800 of compater supplies on eredit from Harris office products. Decenber 16 Sent a reminder to Gomez Company to pay the fee for services recorded on Novenber 8 . December 20 coepleted a project for Liu corporation and received $6,525 cash. Decenber 2226 Took the week off for the holidays. Decenber 28 Received $3,000 cash from Gonez Company on its receivable. Decesber 29 Reimbursed 5 . Rey for business automobile mileage ( 500 ailes at $0.25 per mile). Decenber 31 Paid $1,300 cash for dividends. 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 $670 still available. b. Three months have explred 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 $120 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 month' 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 . Record the necessary dosing entries as of December 31,2021 . Journal entry worksheet 4 Record the entry to close the expense account(s). Note: Enter debits before credits. 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. Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Prepare journal entries to record each of the December transactions. Post those entries to the accounts in the ledger. Note: If no entry is required for a transaction or event, select "No journal entry required" in the first account field. Record the necessary closing entries as of December 31, 2021. Journal entry worksheet Record the entry to close the Income summary account. Note: Enter debits before credits. Prepare a post-closing trial balance as of December 31, 2021. Prepare adjusting entries to reflect a through f. Note: If no entry is required for a transaction or event, select "No journal entry required" in The December 31 inventory count of computer supplies shows $670 still available. Three months have expired since the 12 -month insurance premium was paid in advance. As of December 31, Lyn Addie has not been paid for four days of work at $120 per day. The computer system, acquired on October 1 , is expected to have a four-year life with no salvage value. The office equipment, acquired on October 1 , is expected to have a five-year life with no salvage value. Three of the four months' prepaid rent have expired. Record the necessary closing entries as of December 31, 2021. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Complete this question by entering your answers in the tabs below. repare an income statement for the three months ended December 31, 2021. Prepare an adjusted trial balance as of December 31, 2021. Complete this question by entering your answers in the tabs below. Post the joumal entries to record each of the December transactions, adjusting entries to the accounts in the ledger