The November 30,2021, unadjusted trial balance of Solid Systems is found in the Trial balance...
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Accounting
The November unadjusted trial balance of Solid Systems is found in the Trial balance tab. Solid Systems had the following transactions and events in December December Paid $ cash to Lakeside Mall for Solid Systems' share of mall advertising costs. December Paid $ cash for minor repairs to the company's computer. December Received $ cash from Kelley Engineering Compnay for the receivable from November. December Paid cash to Mary Potter for six days of work at the rate of $ per day. December Notified by Kelley Engineering Compnay that Solid Systems' bid of $ on a proposed project has been accepted. Kelley paid a $ cash advance to Solid Systems. December Purchased $ of computer supplies on credit from Green Office Products. December Sent a reminder to Byrnes Compnay to pay the fee for services recorded on November December Completed a project for Clark Corporation and received $ cash. December Took the week off for the holidays. December Received $ cash from Byrnes Compnay on its receivable. December Reimbursed C Brady for business automobile mileage miles at $ per mile December Paid $ cash for 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: a The December inventory count of computer supplies shows $ still available. b Three months have expired since the month insurance premium was paid in advance. c As of December Mary Potter has not been paid for four days of work at $ per day. d The computer system, acquired on October is expected to have a fouryear life with no salvage value. e The office equipment, acquired on October is expected to have a fiveyear life with no salvage value. f Three of the four months' prepaid rent has expired.
The November unadjusted trial balance of Solid Systems is found in the Trial balance tab. Solid Systems had the following
transactions and events in December
December Paid $ cash to Lakeside Mall for Solid Systems' share of mall advertising costs.
December Paid $ cash for minor repairs to the company's computer.
December Received $ cash from Kelley Engineering Compnay for the receivable from November.
December Paid cash to Mary Potter for six days of work at the rate of $ per day.
December Notified by Kelley Engineering Compnay that Solid Systems' bid of $ on a proposed project has
been accepted. Kelley paid a $ cash advance to Solid Systems.
December Purchased $ of computer supplies on credit from Green Office Products.
December Sent a reminder to Byrnes Compnay to pay the fee for services recorded on November
December Completed a project for Clark Corporation and received $ cash.
December Took the week off for the holidays.
December Received $ cash from Byrnes Compnay on its receivable.
December Reimbursed C Brady for business automobile mileage miles at $ per mile
December Paid $ cash for 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:
a The December inventory count of computer supplies shows $ still available.
b Three months have expired since the month insurance premium was paid in advance.
c As of December Mary Potter has not been paid for four days of work at $ per day.
d The computer system, acquired on October is expected to have a fouryear life with no salvage value.
e The office equipment, acquired on October is expected to have a fiveyear life with no salvage value.
f Three of the four months' prepaid rent has expired.
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