Question: PROBLEM 1 Emily Cruz, completed the transactions below for the month of December, 2021. The company uses the following charts of accounts: Transactions: Required: 1.

PROBLEM 1 Emily Cruz, completed the transactions below for the month

of December, 2021. The company uses the following charts of accounts: Transactions:

PROBLEM 1 Emily Cruz, completed the transactions below for the month of December, 2021. The company uses the following charts of accounts: Transactions: Required: 1. Journalize the transactions. 2. Post to the T-accounts (General Ledger), keying all items by transactions. 3. Prepare an unadjusted trial balance on December 31. Set up columns for the adjustments for the adjusted trial balance. 4. Prepare the adjusting entries for December 31 from the following information: a. Accrued service revenue, 4,000.00 b. Earned a portion of service collected in advance on December 21. c. Supplies on hand, 1,000.00 d. Depreciation expense for office Equipment; depreciation expense for Furniture and fixtures. e. Accrued expense for secretary salary. 5. Prepare the Adjusted Trial Balance, Income Statement, and Statement of Financial Position. PROBLEM 1 Emily Cruz, completed the transactions below for the month of December, 2021. The company uses the following charts of accounts: Transactions: Required: 1. Journalize the transactions. 2. Post to the T-accounts (General Ledger), keying all items by transactions. 3. Prepare an unadjusted trial balance on December 31. Set up columns for the adjustments for the adjusted trial balance. 4. Prepare the adjusting entries for December 31 from the following information: a. Accrued service revenue, 4,000.00 b. Earned a portion of service collected in advance on December 21. c. Supplies on hand, 1,000.00 d. Depreciation expense for office Equipment; depreciation expense for Furniture and fixtures. e. Accrued expense for secretary salary. 5. Prepare the Adjusted Trial Balance, Income Statement, and Statement of Financial Position

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