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Sainesa Solutions had the following transactions and eventa in December 2 0 2 1 . Decomber 2 haid $ 9 3 5 cash to Millside
Sainesa Solutions had the following transactions and eventa in December
Decomber haid $ cash to Millside Ma for Business Solutions"s share of nall advertising costs.
Deconber laid $ carh for einor ropalrs to the company"s conputor.
Decenber paid cash to Lyn addie for six dars of work at the rate of $ por day.
Docinber Notifiod by Alox's Englnoering Company that Busliness Solutions's bid of $ on a proposed project has been
accopted. Alex"s pald a $ carh advance to Eusinvss Solutions.
Docimber hurchasod $ of computior supplios on credit from Harris offlice Products.
Decinber Completed a project for Liu Corporation and recelved $ cash.
vecotber Took the wook off for the holldays.
Decinber fieceived cash from Gonoz Compary on Its recolvale.
Docinbor Fioy withdrey $ cash froe the company for porsonal use.
The following sdditionsl focta sre colected for use in moking odjusting entrie: prior to preporing financial statements for the
iompony's first three months.
a The December inventory count of computer supplies shows $ stil avalsble.
b Thres montha have explred aince the month inaurance premlum was peid in sdvance.
c As of December Lyn Addie has not been poid for four doys of work ot $ per doy.
d The computer system, ecqulred on October h is expected to heve s fouryese life with no salvege value.
e The office equlpment, scqulred on October ls expected to have a fiveyear life with no aslivge volue.
Thres of the four months' prepold rent have explred.
Requlred:
Prepore joumsl entries to record esch of the December tranasctions and events for Bua'neas Solutiona.
a Prepore adjuating entries to reflect a through
b Post the joumsl entries to record esch of the December trensoctions, sdjusting entries to the sccounts in the ledger.
Prepare on adjuated trial balance as of December
Complete this question by entering your answers in the tabs below.
Prepare joumal entries to recond esch of the December transactiona and events for Business Salutions.
Note: If no entry is required for a transactianevent seled No foumal entry required" in the first account field.
Journal entry worksheet
Paid $ cash to Hillside Mall for Eusiness Solutions's share of mall
acvertising costs.
Notie: Eillir dobisis befare cridits.
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