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COMPREHENSIVE Problem: Danial Desiga Studio (Completing the Accevinting Cycle) To compleie the problem, you may need to reter to the maleriat coneined in Chaplee 2 . The Sestambor 30, 2021, post-dosing trial talanoe for Paried Desion Studio is below, 2. Post the Dcsober transsctons to the lidgn acoounts (or T-accounts). 2. Prepare an unaduased triat balence. 4. Riecord the folizwirg adjuting ertites on Octiber 31: b. One monti ef crepaid font has ersired. $1,600. b. Ar impentory of supples trress 32.020 sta on tand on October.31. d. Services perfiontied for whilh paytnent had been received in advance totaled $1,300. a. Services pertormed that will not be bilod unkil Noveriber totalod 3560 . f. Woges accrued (noured but not paid) by the erid of Ochober lotaled toco.. 5. Poet the adjocting entries to the ledger and prepare an odusied tral balarice. 6. Fiom the adjutwd whal bulance. Erepare an income statement, a statement of twrier's equify. and a clatsified bolarite sleet, in report forin, for October 31, 2021. 7. Feoord the closing erties on Ochober 34.2021, in jourd form, and post be entries to the locger aocounts. During Dciober, the shudio engaged in the following transwitspe: Oet. 1 Received an addsonal investrent of cash from M Doriel, \$16,000 Oct. 2. Pucchated addiconal office fyipment with cauh. 34.700 Oet. 7 Purehased addicriat office mupplies for calh, 5540 . Ock 8 Completed series of designs that began on Septertber 20 and bited 31.400 for the tata design services performed. This birry inchefes the accrued reverues of seco that had been recogrited in an actusting entry in September. (ient. Detit AR for 1 siof? Dct.12. Paid the amount due for the offoe egqapent purchased last monthisjoce: Oct. 13 Accepted a caeh aivance tor detion work to be sone, 32,400 . Oct. is. Perforned deelign eeryces and recelved cath, 32,000. Dct. 16. Received payment on acooun for desion merviceo performed last month. 12.000. Oct.21 Perfomed desibn termices for cash, \$1,160. Oct.22. Received and paid the veiten bal tor October. 5000 . Bct.23. Pad the asistant for four weehs' wagen, $4.00. Dct. 20 Paid the tent for foyember in astance, 31,600