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the above shared pictures are the whole question, in which the November Trial balance is already given, and November Income Statement as well as November Statement of equity Changes and Balance Sheet of same month. But here I need to know about the next shared question in which we need to do journal entries and ledger account, as well as trail balance of Dec. month and income statement and changes in equity for three months ended December 31st 2020. also. Balance sheet of this answer. here am confused as How we prepare the balance sheet of given three months. or just only December,please make it clear as soon as possible.

further information is all given in the shared screenshots of the questions above .

Aster Systems Trial Balance November 30, 2020 Credits Debits 8,604 12,380 2,395 8,640 9,300 12,000 5,040 401 106 126 128 131 163 167 201 301 302 403 623 655 676 684 699 Cash Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipment Computer Equipment Accounts Payable Aster Turane, Capital Aster Turane. Withdrawals Computer Services Revenue Wages Expense Advertising Expense Mileage Expense Repairs Expense, Computer Charitable Donations Expense 49,040 2,600 29,650 8.970 1,950 5,936 375 500 78.690 78.690 Aster Systems Income Statement For Two Months Ended November 30, 2020 Revenues Computer Services Revenue $29,650 Operating expenses Wages Expense Advertising Expense Mileage Expense Charitable Donations Expense Repairs Expense. Computer Total operating expenses Net income $8,970 1,950 5,936 500 375 17.731 $11,919 Aster Systems Statement of Changes in Equity For Tro Months Ended November 30, 2020 Aster Turane, capital, October 1 Add: Owner investments Net income Total Less Withdrawals Aster Turane, capital, November 30 49,040 11,919 60,959 2,600 $58,359 Aster Systems Balance Sheet November 30, 2020 Assets $8,604 12,380 Liabilities Accounts Payable Computer Supplies Prepaid Insurance Prepaid Pent Office Equipment Computer Equipmieri Totalasses 8,640 9,300 12,000 Equity Aster Turane, Capital Total liabilities and equit! 58 359 58 259 352,269 B D E After the success of its first two months, Aster Turane has decided to continue operating 2 Aster Systems. (The transactions that occurred in these months are described in Chapter 2) 3 Before proceeding in December, Turane adds these new accounts to the chart of accounts for 4 the ledger 5 6 Account No. 7 Accumulated Depreciation, Office Equipment 164 8 Accumulated Depreciation, Computer Equipment 168 9 Wages Payable 210 Unearned Computer Services Revenue 236 1 Depreciation Expense Office Equipment 612 2 Depreciation Expense. Computer Equipment 613 3 Insurance Expense 637 Rent Expense 640 5 Computer Supplies Expense 652 Z Required 3 1. Prepare journal entries to record each of the following transactions for Aster Systems. Post the entries to the accounts in the ledger. Dec. 3 Paid $3,800 to the Kingsway Garden Mall for the company's share of mall advertising costs for December 3 Paid $1.040 to repair the company's computer. 4 Received the balance owing from Kinsetta Groceries. 10 Paid Donald Gee for eight days' work at the rate of $345 per day. 14 Notified by Kinsetta Groceries that Aster's bid of $6,500 on a proposed project was accepted. Kinsetta paid an advance of $3,000. 17 Purchased $740 of computer supplies on credit from Triple-One Supplies 18 Sent a reminder to Dinwoody Entertainment to pay the $4,230 originally recorded on November 8. 20 Completed a project for Langara Lodge and received $1,100 cash. 24-28 Took the week off for the holidays. 31 Received $1,800 as partial payment from Dinwoody Entertainment 31 Reimbursed Aster Turane's business automobile expenses of 1,800 kilometres at $1.60 per kilometre Noy Trial Balance Nov Inc Stmt Nov Stmt of E & BS Assigr Required 1. Prepare joumal entries to record each of the following transactions for Aster Systems. Post the entries to the accounts in the ledger. Dec. 3 Paid $3,800 to the Kingsway Garden Mall for the company's share of mall advertising costs for December. 3 Paid $1,040 to repair the company's computer. 4 Received the balance owing from Kinsetta Groceries. 10 Paid Donald Gee for eight days' work at the rate of $345 per day. 14 Notified by Kinsetta Groceries that Aster's bid of $6,500 on a proposed project was accepted. Kinsetta paid an advance of $3,000. 17 Purchased $740 of computer supplies on credit from Triple-One Supplies 18 Sent a reminder to Dinwoody Entertainment to pay the $4,230 originally recorded on November 8. 20 Completed a project for Langara Lodge and received $1,100 cash. 24-28 Took the week off for the holidays. 31 Received $1.800 as partial payment from Dinwoody Entertainment. 31 Reimbursed Aster Turane's business automobile expenses of 1,800 kilometres at $1.60 per kilometre. 31 Aster Turane withdrew $800 cash from the business. 2. Prepare adjusting entries to record the following additional information collected on December 31, 2020. Post the entries to the accounts in the ledger. Dec. 31 a. The December 31 inventory of computer supplies was $480. b. Three months have passed since the annual insurance premium was paid. c. As of the end of the year, Donald Gee has not been paid for four days of work at the rate of $345 per day. d. The computer equipment is expected to have a five-year life with no residual value. e. The office equipment is expected to have a ten-year life with no residual value. f. Prepaid rent for three of the six months has expired. 3. Prepare an adjusted trial balance as of December 31, 2020. 4. Prepare an income statement and statement of changes in equity for the three months ended December 31, 2020. 5. Prepare a balance sheet as of December 31, 2020. Aster Systems Trial Balance November 30, 2020 Credits Debits 8,604 12,380 2,395 8,640 9,300 12,000 5,040 401 106 126 128 131 163 167 201 301 302 403 623 655 676 684 699 Cash Accounts Receivable Computer Supplies Prepaid Insurance Prepaid Rent Office Equipment Computer Equipment Accounts Payable Aster Turane, Capital Aster Turane. Withdrawals Computer Services Revenue Wages Expense Advertising Expense Mileage Expense Repairs Expense, Computer Charitable Donations Expense 49,040 2,600 29,650 8.970 1,950 5,936 375 500 78.690 78.690 Aster Systems Income Statement For Two Months Ended November 30, 2020 Revenues Computer Services Revenue $29,650 Operating expenses Wages Expense Advertising Expense Mileage Expense Charitable Donations Expense Repairs Expense. Computer Total operating expenses Net income $8,970 1,950 5,936 500 375 17.731 $11,919 Aster Systems Statement of Changes in Equity For Tro Months Ended November 30, 2020 Aster Turane, capital, October 1 Add: Owner investments Net income Total Less Withdrawals Aster Turane, capital, November 30 49,040 11,919 60,959 2,600 $58,359 Aster Systems Balance Sheet November 30, 2020 Assets $8,604 12,380 Liabilities Accounts Payable Computer Supplies Prepaid Insurance Prepaid Pent Office Equipment Computer Equipmieri Totalasses 8,640 9,300 12,000 Equity Aster Turane, Capital Total liabilities and equit! 58 359 58 259 352,269 B D E After the success of its first two months, Aster Turane has decided to continue operating 2 Aster Systems. (The transactions that occurred in these months are described in Chapter 2) 3 Before proceeding in December, Turane adds these new accounts to the chart of accounts for 4 the ledger 5 6 Account No. 7 Accumulated Depreciation, Office Equipment 164 8 Accumulated Depreciation, Computer Equipment 168 9 Wages Payable 210 Unearned Computer Services Revenue 236 1 Depreciation Expense Office Equipment 612 2 Depreciation Expense. Computer Equipment 613 3 Insurance Expense 637 Rent Expense 640 5 Computer Supplies Expense 652 Z Required 3 1. Prepare journal entries to record each of the following transactions for Aster Systems. Post the entries to the accounts in the ledger. Dec. 3 Paid $3,800 to the Kingsway Garden Mall for the company's share of mall advertising costs for December 3 Paid $1.040 to repair the company's computer. 4 Received the balance owing from Kinsetta Groceries. 10 Paid Donald Gee for eight days' work at the rate of $345 per day. 14 Notified by Kinsetta Groceries that Aster's bid of $6,500 on a proposed project was accepted. Kinsetta paid an advance of $3,000. 17 Purchased $740 of computer supplies on credit from Triple-One Supplies 18 Sent a reminder to Dinwoody Entertainment to pay the $4,230 originally recorded on November 8. 20 Completed a project for Langara Lodge and received $1,100 cash. 24-28 Took the week off for the holidays. 31 Received $1,800 as partial payment from Dinwoody Entertainment 31 Reimbursed Aster Turane's business automobile expenses of 1,800 kilometres at $1.60 per kilometre Noy Trial Balance Nov Inc Stmt Nov Stmt of E & BS Assigr Required 1. Prepare joumal entries to record each of the following transactions for Aster Systems. Post the entries to the accounts in the ledger. Dec. 3 Paid $3,800 to the Kingsway Garden Mall for the company's share of mall advertising costs for December. 3 Paid $1,040 to repair the company's computer. 4 Received the balance owing from Kinsetta Groceries. 10 Paid Donald Gee for eight days' work at the rate of $345 per day. 14 Notified by Kinsetta Groceries that Aster's bid of $6,500 on a proposed project was accepted. Kinsetta paid an advance of $3,000. 17 Purchased $740 of computer supplies on credit from Triple-One Supplies 18 Sent a reminder to Dinwoody Entertainment to pay the $4,230 originally recorded on November 8. 20 Completed a project for Langara Lodge and received $1,100 cash. 24-28 Took the week off for the holidays. 31 Received $1.800 as partial payment from Dinwoody Entertainment. 31 Reimbursed Aster Turane's business automobile expenses of 1,800 kilometres at $1.60 per kilometre. 31 Aster Turane withdrew $800 cash from the business. 2. Prepare adjusting entries to record the following additional information collected on December 31, 2020. Post the entries to the accounts in the ledger. Dec. 31 a. The December 31 inventory of computer supplies was $480. b. Three months have passed since the annual insurance premium was paid. c. As of the end of the year, Donald Gee has not been paid for four days of work at the rate of $345 per day. d. The computer equipment is expected to have a five-year life with no residual value. e. The office equipment is expected to have a ten-year life with no residual value. f. Prepaid rent for three of the six months has expired. 3. Prepare an adjusted trial balance as of December 31, 2020. 4. Prepare an income statement and statement of changes in equity for the three months ended December 31, 2020. 5. Prepare a balance sheet as of December 31, 2020

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