QUESTION 1 200 points Save Answer Prepare journal entries to record the December transactions in the General Journal Tab in the excel template file "Accounting Cycle Excel Template.xlsx". Use the following accounts as appropriate: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Equipment, Accumulated Depreciation, Accounts Payable, Wages Payable, Common Stock, Retained Earnings, Dividends, Service Revenue, Depreciation Expense, Wages Expense, Supplies Expense, Rent Expense, and Insurance Expense. Required: 1-Dec Began business by depositing $10000 in a bank account in the name of the company in exchange for 1000 shares of $10 per share common stock. Paid the rent for the current month, $900 Paid the premium on a one-year insurance policy, $480 Purchased Equipment for $4800 cash. Purchased office supplies from XYZ Company on account, $300 1-Dec 1-Dec 1-Dec 5-Dec 15-Dec 16-Dec 21-Dec 23-Dec 28-Dec 30-Dec Provided services to customers for $7000 cash. Provided service to customers ABC Inc. on account, $4900 Received $2300 cash from ABC Inc., customer on account. Paid $170 to XYZ company for supplies purchased on account on December Paid wages for the period December 1 through December 28, $4200 Declared and paid dividend to stockholders $200 Post all of the December transactions from the "General Journal" tab to the T-accounts under the "T-Accounts" tab in the excel template file "Accounting Cycle Excel Template xlsx". Assume there are no beginning balances in any of the accounts. #2 #3. Compute the balance for each T-account after all of the entries have been posted. These are the unadjusted balance as of December 31 #4. Prepare the unadjusted trial balance under the "Unadjusted Trial Balance" tab in the excel template file "Accounting Cycle Excel Template.xls Provide the total of the credit column from the Unadjusted Trial Balance