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Required information {The following information applies to the questions displayed below) MyBnB started a home rental company on January 1. As of November 30, MyBnB

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Required information {The following information applies to the questions displayed below) MyBnB started a home rental company on January 1. As of November 30, MyBnB reported the following balances. The company does not yet have a balance in Retained Eamings because this is its first year of operations so no net income has been reported in prior years. Accounts Payable 5.900 Equipment $7.200 Cash 3.000 Heprins pense 600 Cleaning Expens 2.700 Service Revenge 6.000 Common stock 9.000 Wages Expense 2.400 4. Prepare T-accounts that show the November 30 balances as December 1 beginning balances and then post the journal entries from your answer to requirement 3 to calculate updated December 31 balances. Retained Earnings has a beginning balance of $0. Cash Accounts Payable Credit Credit Debit Beginning Balance (a) Delt Beginning Balance Ending Balance Ending Bence Service Revenue Equipment Credit De Beginning Balance Credi Dubit Beginning Balance Ending Balance 0 Ending Balance Common Stock Cleaning Expense Credit Debi Beginning Balance Credit De Beginning Bole Ending Balance Ending Balance Repairs Expense Retained Earnings Credit Debit Beginning Bilance Debt Beginning Balance Credit Ending Balance Ending Balance Wagu Expense Credit Debit Beginning Balance Ending Balance 3. Prepare journal entries for the following December transactions. (If no entry is required for a transaction/event, select "N Entry Required" in the first account field.) a. Provided rental services at a price of $900 and collected the full amount in cash. b. Paid $210 cash to a cleaning company for December work c. Pald $180 cash to MyBnB's part-time employee for December wages. d. Paid $300 cash on account for amounts owed from a prior equipment purchase. e. Obtained repair services in December at a cost of $120, to be paid in January Answer is complete and correct. No Transaction General Journal Debit Credit 1 a 900 Cash Service Revenue plo 900 2. b 210 Cleaning Expenso Cash 03 210 3 c 180 Wages Expense Cash 180 4 d 300 Accounts Payable Cash OS 300 5. 120 Repairs Expense Accounts Payable 120

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