Santana Rey business solutions information needs to be generated into a balance sheet.

After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30,202 unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2021) follows. December 2 paid $985 cash to Hillside Mall for Business solutions's share of mall advertising costs. December 3 paid $480 cash for minor repairs to the company's computer. December 4 Received $4,150 cash from Alex's Engineering Company for the receivable from November. December 10 paid cash to Lyn Addie for six days of work at the rate of $110 per day. December 14 Notified by Alex's Engineering Company that Business Solutions's bid of $7,600 on a proposed project has been accepted. 1 ex's pald a $2,100 cash advance to Bubiness solutions. December 15 purchased $1,700 of computer supplies on credit from Harris office products. Deceaber 16 sent a reminder to Comez Company to pay the fee for services recorded on November B. December 20 completed a project for Llu Corporation and received $6,225 cash. December 22-26 Took the week of for the holidays. Decenber 28 Received $3,000 cash from Gonez Company on its receivable. December 29 reimbursed 5 . Rey for business automobile mileage (400 miles at $0.24 per mile). December 31 paid $1,000 cash for dividends. The following additional facts are collected for use in making adjusting entries prior to preparing financial statements for the company's first three months. a. The December 31 inventory count of computer supplies shows $630 still available. b. Three months have expired since the 12 -month insurance premium was poid in advance. c. As of December 31, Lyn Addie has not been paid for four days of work at $110 per day. d. The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. e. The office equipment, acquired on October 1 , is expected to have a five-year life with no salvage value. f. Three of the four month' prepaid rent have expired. Required: 1. Prepare journal entries to record each of the December transactions. Post those entries 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 fedger. 3. Prepare an adjusted trial bolance as of December 31, 2021. 4. Prepare an income statement for the three months ended December 31, 2021 5. Prepare a statement of retained eamings for the three months ended December 31, 2021. 6. Prepare a classified balance sheet os of December 31, 2021. 7. Record the necessary closing entries as of December 31,2021. 8. Prepare a post-closing trial bolance as of December 31,2021