P2-9B Thunder Cat Services specializes in training and veterinary services to household pets, such as dogs, birds, lizards, fish, horses, and of course, cats. After the first 11 months of operations in 2018, Thunder Cat has the following account balances: Complete t measureme transaction 2-5, 2-6) THUNDER CAT SERVICES Trial Balance November 30, 2018 Debits Credits Accounts Cash Supplies Prepaid Rent Equipment Buildings Accounts Payable Deferred Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Utilities Expense $ 19,400 1,500 7,200 83,700 240,000 $ 9,800 2,000 125,000 75,500 9,000 264,000 65,000 18,200 32,300 Totals $476,300 $476,300 CHAPTER 2 The Accounting Cycle: During the Period The following transactions occur during December 2018: December 1-31 Throughout the month, Thunder Cat provides services to customers for cash, $27,400. (Hint: Record the entire month's services in a single entry.) December 4 Purchase pet supplies on account, $2,900. December 8 Pay for fliers to be distributed to local residences to advertise the company's services, $3,200. Pay for supplies purchased on December 4 Issue additional shares of common stock for cash, $5,000. Pay cash on accounts payable, $6,300. December 9 December 12 December 16 December 19 December 22 December 24 December 27 Purchase equipment with cash, $7,700. Pay utilities for December, $4,500. Receive cash from customers for services to be provided next January, $2,300. One of Thunder Cat's trainers takes a part-time job at the zoo and earns a salary of $1,200. The zoo and Thunder Cat Services are separate companies. Pay employee salaries for the current month, $7,000. Pay dividends to stockholders, $3,000. December 30 December 31 Required 1. Record each transaction. 2. Post each transaction to the appropriate T-accounts. 3. Calculate the balance of each account at December 31. (Hint: Be sure to include the balance at the beginning of December in each T-account.) 4. Prepare a trial balance as of December 31