Ready if Accessibility: Investigate 64F Clear Dec. 1tt - Collected $877 from Franklin from a previous engagement in Oct. Dec. 2nd - Paid $1,520 on Gusto's Inc. invoice from a previously recorded transaction with check $1301 Dec 3tid - Paid December rent of $2,050 with check #1302. Dec 4th - Completed additional work for Washington, sent invoice \#Y77P for $1,330 due in 1 month. Dec. 5th - Paid employee from work previously expensed in Nov, with payment due Dec. 5th using check \#1303. Dec. 8in - Purchased land on a note for $34,714 to be used for future construction of a new office building. Land and Notes payable will have account numbers of 150 and 240 , respectively. Dec. 9th - Paid $1,333 to cover all utilities for the month of Dec using check =1304. Dec. 103 - Completed $495 worth of work for a repeat customer who pays cash immediately upon completion. Dec. 11t - Collected $921 from Washington from a previous engagement in Nov. Dec. 12 - Our employee earned two weeks of pay amounting to $1,555, to be paid Dec. 23"I. "employee took vacation from Dec. 15-Dec. 31. No pay will accrue" Dec. 15 - Leah Tyler, the owner, withdrew $3,111 for personal use using check =1305. Dec. 16 - Completed a large job for Franklin for $11,277. Sent involce \#Y78P due Jan. 31 ". Dec. 222t - Franklin paid $2,810 to pay off some of his balance due. Dec, 23-Paid our employee for the work expensed Dec. 12. Dec 24-Dec. 31 - Owner took off the rest of the year. Adjustments 1. The equipment was used for the third year. 2. Prepaid insurance was adjusted for Oct-Dec usage. 3. Unearned revenue was updated to show 3 months of work completed. 4. A final count of supplies showed $310 remaining. Part 1 instructions 1. Open the Excel attachment named "Student fill-in template" 2. Transfer the opening trial balance amounts to the T-Accts 3. Journal and post to the T-Accts the December and adjusting transactions 4. Total each T-Acct and provide the equation total at the top in the highlighted cells. Check Figure - The cash T-Acct final balance should be $30,034 Part 2 instructions 1. Using the feedback provided from your instructor in the gradebook, update any incorrect items. 2. Prepare the Adjusted trial balance 3. Prepare the income Statement, Statement of Retained Earnings, and the Balance Sheet: 4. Prepare the Closing journal entries and Post-closing trial balance A1 64F Clear Ready if Accessibility: Investigate 64F Clear Dec. 1tt - Collected $877 from Franklin from a previous engagement in Oct. Dec. 2nd - Paid $1,520 on Gusto's Inc. invoice from a previously recorded transaction with check $1301 Dec 3tid - Paid December rent of $2,050 with check #1302. Dec 4th - Completed additional work for Washington, sent invoice \#Y77P for $1,330 due in 1 month. Dec. 5th - Paid employee from work previously expensed in Nov, with payment due Dec. 5th using check \#1303. Dec. 8in - Purchased land on a note for $34,714 to be used for future construction of a new office building. Land and Notes payable will have account numbers of 150 and 240 , respectively. Dec. 9th - Paid $1,333 to cover all utilities for the month of Dec using check =1304. Dec. 103 - Completed $495 worth of work for a repeat customer who pays cash immediately upon completion. Dec. 11t - Collected $921 from Washington from a previous engagement in Nov. Dec. 12 - Our employee earned two weeks of pay amounting to $1,555, to be paid Dec. 23"I. "employee took vacation from Dec. 15-Dec. 31. No pay will accrue" Dec. 15 - Leah Tyler, the owner, withdrew $3,111 for personal use using check =1305. Dec. 16 - Completed a large job for Franklin for $11,277. Sent involce \#Y78P due Jan. 31 ". Dec. 222t - Franklin paid $2,810 to pay off some of his balance due. Dec, 23-Paid our employee for the work expensed Dec. 12. Dec 24-Dec. 31 - Owner took off the rest of the year. Adjustments 1. The equipment was used for the third year. 2. Prepaid insurance was adjusted for Oct-Dec usage. 3. Unearned revenue was updated to show 3 months of work completed. 4. A final count of supplies showed $310 remaining. Part 1 instructions 1. Open the Excel attachment named "Student fill-in template" 2. Transfer the opening trial balance amounts to the T-Accts 3. Journal and post to the T-Accts the December and adjusting transactions 4. Total each T-Acct and provide the equation total at the top in the highlighted cells. Check Figure - The cash T-Acct final balance should be $30,034 Part 2 instructions 1. Using the feedback provided from your instructor in the gradebook, update any incorrect items. 2. Prepare the Adjusted trial balance 3. Prepare the income Statement, Statement of Retained Earnings, and the Balance Sheet: 4. Prepare the Closing journal entries and Post-closing trial balance A1 64F Clear