Afer the success of the companys first fwo months, Santono Rey continues to operate Husinoss Solutions. The Novenber 30 , 2021. unsdjinted trial bolonce of Business Solutions (rebecting its transactions for October and November of 2021 ) follows. Business 5 olitions had the following transactions and events in December 2021 becenber 2 Faid 31, 025 cash to Hillside Mall for Business Solutioas's share of nall advertising costs. Decenber 3 Paid 550 cash for ainor repairs to the cotpany's conpater. pecember 4 fecelved 13,950 cash fron Alex's Engineering Conpany for the receivable from Mavember. Deceaber 10 Paid cash to Lyn Addie for six cays of work at the rate of 5125 per day. becenber it Notified by Alex's Engineering Compnny that Busuness solutions's bid of s7, ede on a proposed project hat been accepted. Alex's paid a $1,500 eash advance to Business solutions: Decenber 15 Purchased 11 , 160 of conputer supplies on credit fron Harris office Products. becenber 16 Sent a reainder to bonez congany to pay the fen for services recorded on Noveaber 3 becenber 29 conploted a project for tiu corporation and recelved i5, 625 cash, oecesber 22-26 Took the neek off for the holidays. Oecenber zi leceived s3, ando cash from domez Congany on its recelvable. becenber 20 fleisbursed 5, Mey for business autonobile nileage (60e miles at 10.32 ger anile). becenben 11 paid 11,50e cesh for dividende. The following additional focts are collected for use in making adjustng entries prior to preponing firanciol statements for the company's first three miontrs. 4. The December 31 inventory count of compicer supples shows $580 stil nvailabie. b. Three montts have expired tince the 12 -month insutarice premium wos paid in advance. c. As of Docember 31, Lyn Addie hos not been paid for four doys of work at 5125 per day d. The computer system, ocquired on October 1, is expected to hove a fouryear lre with no salvage vaile. e. The office equlpment, acquired on October 1, is expected to have a five-year Be with no salvoge value. 1. Three of the four months' prepaid rent have expired. Aequired: 1. Prepare joumat enties to record etoch of the December trarisoctions. Post those enties to the occounts in the ledgor. 2.a. Fropare odjusting entries to refhect a through f 2-b. Pest the loumat entries to record each of the Oecember transactions, adusting entries 10 the accounts in the ieplaet. Journal entry worksheet 345678 Paid $1,025 cash to Hiliside Mall for Business Solutions's share of mall advertising costs. Note: Enter debits before credits. Phepare adjusting entries to reflect a through f. (if no entry is required far a trankaction/event, select "No journal entry regilfed in the Hrst bccount field.] Journal entry worksheet 3456 The December 31 inventary count of computer supplies shows $580 stil avnilabie: Nuce -uter datics belore arecus 5.rued - Part 1. Prepare an income statement for the three months ended December 31,U1. BUSINESS SOLUTIONS Income Statement For Three Months Ended December 31, 2021 Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings for the three months ended December 31,2021. Part 1 i saved Plint assets Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Prepare a post-closing trial balance as of December 31,2021. Afer the success of the companys first fwo months, Santono Rey continues to operate Husinoss Solutions. The Novenber 30 , 2021. unsdjinted trial bolonce of Business Solutions (rebecting its transactions for October and November of 2021 ) follows. Business 5 olitions had the following transactions and events in December 2021 becenber 2 Faid 31, 025 cash to Hillside Mall for Business Solutioas's share of nall advertising costs. Decenber 3 Paid 550 cash for ainor repairs to the cotpany's conpater. pecember 4 fecelved 13,950 cash fron Alex's Engineering Conpany for the receivable from Mavember. Deceaber 10 Paid cash to Lyn Addie for six cays of work at the rate of 5125 per day. becenber it Notified by Alex's Engineering Compnny that Busuness solutions's bid of s7, ede on a proposed project hat been accepted. Alex's paid a $1,500 eash advance to Business solutions: Decenber 15 Purchased 11 , 160 of conputer supplies on credit fron Harris office Products. becenber 16 Sent a reainder to bonez congany to pay the fen for services recorded on Noveaber 3 becenber 29 conploted a project for tiu corporation and recelved i5, 625 cash, oecesber 22-26 Took the neek off for the holidays. Oecenber zi leceived s3, ando cash from domez Congany on its recelvable. becenber 20 fleisbursed 5, Mey for business autonobile nileage (60e miles at 10.32 ger anile). becenben 11 paid 11,50e cesh for dividende. The following additional focts are collected for use in making adjustng entries prior to preponing firanciol statements for the company's first three miontrs. 4. The December 31 inventory count of compicer supples shows $580 stil nvailabie. b. Three montts have expired tince the 12 -month insutarice premium wos paid in advance. c. As of Docember 31, Lyn Addie hos not been paid for four doys of work at 5125 per day d. The computer system, ocquired on October 1, is expected to hove a fouryear lre with no salvage vaile. e. The office equlpment, acquired on October 1, is expected to have a five-year Be with no salvoge value. 1. Three of the four months' prepaid rent have expired. Aequired: 1. Prepare joumat enties to record etoch of the December trarisoctions. Post those enties to the occounts in the ledgor. 2.a. Fropare odjusting entries to refhect a through f 2-b. Pest the loumat entries to record each of the Oecember transactions, adusting entries 10 the accounts in the ieplaet. Journal entry worksheet 345678 Paid $1,025 cash to Hiliside Mall for Business Solutions's share of mall advertising costs. Note: Enter debits before credits. Phepare adjusting entries to reflect a through f. (if no entry is required far a trankaction/event, select "No journal entry regilfed in the Hrst bccount field.] Journal entry worksheet 3456 The December 31 inventary count of computer supplies shows $580 stil avnilabie: Nuce -uter datics belore arecus 5.rued - Part 1. Prepare an income statement for the three months ended December 31,U1. BUSINESS SOLUTIONS Income Statement For Three Months Ended December 31, 2021 Complete this question by entering your answers in the tabs below. Prepare a statement of retained earnings for the three months ended December 31,2021. Part 1 i saved Plint assets Journal entry worksheet Record the entry to close the revenue account(s). Note: Enter debits before credits. Prepare a post-closing trial balance as of December 31,2021