Required 1. Complete the six-column table by entering adjustments that reflect the following information a. As of December 31, employees had earned 5400 of unpaid and unrecorded wages. The next payday is January 4, at which time $1.200 in wages will be paid. b. The cost of supplies still available at December 31 is $3.450 c. The notes payable require an interest payment to be made every three months. The amount of one corded accrued interest at December 31 is $800. The next interest payment, at an amount of $900, is due on January 15 d. Analysis of the unearned rental fees shows that $3.200 remains unearned at December 31 e. In addition to the machinery rental fees included in the revenue account balance, the company has earned another $2.450 in unrecorded fees that will be collected on January 31. The company is also expected to collect 55,400 on that same day for new fees earned in January 1. Depreciation expense for the year is $3,800 2. Prepare journal entries for the adjustments entered in the six-column table for part 1 3. Prepare journal entries to reverse the effects of the adjusting entries that involve accruals. 4. Prepare journal entries to record the cash payments and cash collections described for January Check (1) Adjusted trial balance totais, $111.300 SERIAL PROBLEM Business Solutions P2 P3 This serial problem began in Chapter I and continues through most of the book. If previous chapter seg ments were not completed, the serial problem can begin at this point. SP 4 The December 31, 2019, adjusted trial balance of Business Solutions (reflecting its transactions from October through December of 2019) follows. No. Account Title Debit Credit Cash... $ 48372 5.668 580 1.665 825 8.000 $ 400 20.000 101 106 126 128 131 163 164 167 168 201 210 236 301 302 403 612 613 Alexander image/Shutterstock 1.250 1.100 500 1,500 73.000 7.100 Accounts receivable Computer supplies Prepaid insurance Prepaid rent Orice equipment Accumulated depreciation-office equipment Computer equipment Accumulated depreciation-Computer equipment Accounts payable Wages payable... Unearned computer services revenue S. Rey, Capital S. Rey, Withdrawal's Computer services revenue Depreciation expense-Oice equipment. Depreciation expense-Computer equipment Wages expeme Insurance expense Rent expense Computer supplies expense Advertising expense Mileage expense. Miscellaneous expenses. Repairs expense-Computer Income summary Totals. 31,284 640 1,250 3,875 555 2,475 3.065 2,753 896 250 1,305 655 676 677 684 5109034 $109,034 Required 1. Record and post the necessary closing entries as of December 31, 2019. 2. Prepare a post-closing trial balance as of December 31, 2019. Check Post-closing trial balance total 585.110