I don't know how to complete an accounting cycle for these transactions

December 1^st 20XX Trial Balance

Debit Credit

Cash 2,500

Accounts Receivable 3,000

Notes Receivable 1,000

Supplies 800

Land 22,600

Machinery 22,000

Accumulated Depreciation-Machine 2,400

Accounts Payable 5,000

Unearned Service Revenue 1,200

Common Stock 20,000

Retained Earnings 23,300

51,900 51,900

1. The following transactions occurred during December 20XX

December 5. Paid creditors $1,000

December 9. Billed customer for professional services completed, $1,000

December 17. Received collections from customers, $2,000

December 18. Ordered supplies on credit, $250

December 19. Professional fees earned received in cash, $7,000

December 29. Paid salaries to employees, $1,500

December 30. Paid rent expense, $2,000

a. Prepare appropriate December entries

b. Fill in the balances as of December 1, 20XX, in the ledger accounts (T Account form) and post December entries from the journal to the ledger.

2. Based upon the ledger account balances, prepare a trial balance for December 30, 20XX

1. Based upon the trial balance for Larkin Corporation for December 30, 20XX. Complete the adjusting entries below:

a. Supplies used, $300

a. Depreciation on Machinery, $500

b. Of the unearned Revenue, $400 has been earned during the period

c. Interest earned on a customers note receivable, $80

2. Create an adjusting trial balance

1. Based on the adjusted trial balance for December 30, 20XX, create Larkins Income Statement, Retained Earnings and Balance Sheet.

1. Prepare Closing Entries for Larkin Corporation at December 20XX

a. Step 1: Close revenues to Retained Earnings

b. Step 2: Close expenses to Retained Earnings

c. Close Dividends to Retained Earnings