The following transactions were incurred during December 2020 by Caitlin Fields: Dec. 1 On December 1, Caitlin Fields forms a consulting business, named Home Perfection. Home Perfection receives $72,000 cash from Caitlin Fields in exchange for common stock. Dec. 2 Home Perfection pays $4,600 cash for supplies. The company's policy is to record all prepaid expenses in asset accounts. Dec. 3 Home Perfection pays $56,000 cash for equipment. Dec. 4 Home Perfection purchases $10,300 of supplies on credit from a supplier, CalTech Supply. Dec. 5 Home Perfection provides consulting services and immediately collects $6,300 cash. Dec. 6 Home Perfection pays $3,100 cash for December rent. Dec. 7 Home Perfection pays $1,600 cash for employee salary. Dec. 8 Home Perfection provides consulting services of $4,700 and rents its test facilities for $3,400. The customer is billed $8,100 for these services. Dec. 9 Home Perfection receives $8,100 cash from the client billed on December 8. Dec. 10 Home Perfection pays CalTech Supply $3,000 cash as partial payment for its December 4 $10,300 purchase of supplies. Dec. 11 Home Perfection pays $1,500 cash for dividends. Dec. 12 Home Perfection receives $4,300 cash in advance of providing consulting services to a customer. The company's policy is to record fees collected in advance in a balance sheet account. Dec. 13 Home Perfection pays $4,500 cash (insurance premium) for a 24-month insurance policy. Coverage begins on December 1. The company's policy is to record all prepaid expenses in a balance sheet account. Dec. 14 Home Perfection pays $2,220 cash for supplies. Dec. 15 Home Perfection pays $2,405 cash for December utilities expense. Dec. 16 Home Perfection pays $1,750 cash in employee salary for work performed in the latter part of December. United States) REQUIRED: 1. Prepare the journals for all the above mentioned transactions for Home Perfection. 2. Prepare the general ledger accounts for all the accounts for Home Perfection. 3. Prepare a final trial balance for Home Perfection on 16 December, 2020. 4. Prepare an Income Statement and a Retained Earnings Statement for the period ended 16 December, 2020 as well as a Classified Balance Sheet as at Dec 16, 2020 for Home Perfection.