Requlred:

Prepare journal entries to record each of the December transactions. Post those entrles 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.

Prepare an adjusted trial balance as of December $31,2021.$

Prepare an income statement for the three months ended December $31,2021.$

Prepare a statement of retained earnings for the three months ended December $31,2021.$

Prepare a classified balance sheet as of December $31,2021.$

Record the necessary closing entrles as of December $31,2021.$

Prepare a post$-$closing trial balance as of December $31,2021.$