Problem 2 (40 points) Judie Curtis owns an upholstery studio. She has one assistant whose salary is 1.500 per month which is paid on the first of the following month Record the given transactions to the general journal. Prepare the necessary adjusting entries for Dec 31, 2019 Dee! paid 1.700 for the next two months for the rent of her stadio and paid salary to the assistant De 3 purchased a work bench and for 2 880 on account. (The equipment can be used for years.) received an advance payment to repair an antique footstool of E800. Judie will start working on the footstool in January 2020 Dec 15 Dec 17 received 1.200 for repair of a sofa that was completed and delivered back to the customer in December but not recorded in the books Dec 29 completed the upholstery of a set of 6 chairs which will be collected and paid in January 2020. Judie charges the customer 1.500 for this. A prepayment on the upholstery service was already received in October 2019 of 500 cash Judie Curtis uses the straight-line-method and adjusts her books monthly The account titles used by Judic Curtis are: Accounts payable Accounts receivable Accumulated depreciation Equipment Capital stock Notes Payable Prepaid Rent Purchase Discounts Lost Uncarned upholstery services Upholstery service revenue Rent expense Retained earnings Salaries expense Salaries payable Maintenance expense Dividends Depreciation expense Equipment