John's House Painting Company started a transactions for December 2019. ACCOUNTING CYCLE TAKE HOME PROBLEM Company started a business on December 1, 2019. He had the following 1. December 1 - Issued capital Stock business der 1 - Issued capital stock for $100,000 to start a house painting 2. December 1 - Paid gas expense $200 3. December 1 - Purchased equipment costing 54,800 on credit. 4. December 12 - Purchased supplies costing $800 on credit. 5. December 18 - Painted three houses totaling $12,000 and billed customers. 6. December 28 - Received $2,000 for houses painted in #5 7. December 31 - Received $1.200 for a job to paint a house in January next year. 8. December 31 - Paid a dividend of $1,000 Required: 1. Prepare journal entries for the above transactions. 2. Post the above transactions to T Accounts. 3. Prepare a Trial Balance. 4. Prepare an Income Statement, Statement of Retained Earnings and a Balance Sheet