the rest of the general journal
Dec. Dee Dee. Dec. Dec. The November 30, 2018, unadjusted trial balance of Prime Solutions is found in the Trial balance tab. Prime Solutions had the following transactions and events in December 2018 2 Paid $1,300 con to Westside Hall for Peine solution share of all advertising costs. 3 Paid $680 cash for minor repairs to the company's computer. 4 Received $5,800 cash from Clark Engineering co. for the receivable from November 10 Paid cash to Kathy Byrnes for six days of work at the rate of $160 per day. 14 Notified by Clark Engineering Co. that Prime Solutions bid of $7.900 on a proposed project has been accepted. Clark paid a $1,950 cash advance to Prime Solutions. Dec 15 Purchased $1,550 of computer supplies on credit from Hayes Office Products 16 Sent a reminder to Potter Co. to pay the fee for services recorded on November 8. Dee 20 Completed a project for Miller Corporation and received $6,500 cash. 22- took the week off for the holidays. 26 20 Received $3,200 cash from Potter Co. on its receivable. 29 Reimbursed 3. Dyrnes for business automobile mileage (800 miles at $0.32 per mile). Dec 31 The company paid $1,900 cash in 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: bee. Dec. Dec. Dec. a. The December 31 inventory count of computer supplies shows $940 still available b. Three months have expired since the 12-month insurance premium was paid in advance. c. As of December 31, Kathy Byrnes has not been paid for four days of work at $160 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 months prepaid rent has expired Sent a reminder to Potter Co. to pay the fee for services recorded on November 8. Note: Enter debits before credits. + Debit Date Account Title Credit Dec 16 Completed a project for Miller Corporation and received $6,500 cash. Note: Enter debits before credits. Date Account Title Debit Credit Dec 20 Received $3,200 cash from Potter Co. on its receivable. Note: Enter debits before credits. Date Account Title Debit Credit Dec 28 Reimbursed J. Byrnes for business automobile mileage (800 miles at $0.32 per mile) Note: Enter debits before credits. Date Account Title Debit Credit Dec 29 The company paid $1,900 cash in dividends. Note: Enter debits before credits. Date Account Title Debit Credit Dec 31 The December 31 inventory count of computer supplies shows $940 still available. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Debit Account Title Credit Date Dec 31 Three months have expired since the 12-month insurance premium was paid in advance. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Dec 31 As of December 31, Kathy Byrnes has not been paid for four days of work at $160 per day. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Dec 31 The computer system, acquired on October 1, is expected to have a four-year life with no salvage value. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Dec 31 The office equipment, acquired on October 1, is expected to have a five-year life with no salvage value. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Dec 31 Three of the four months' prepaid rent has expired. Prepare the required adjusting entry, if any. Note: Enter debits before credits. Date Account Title Debit Credit Dec 31
