Emily Cruz, completed the transactions below for the month of December, 2022.

The company uses the

following chart of accounts:

Cash Emily Cruz, Capital

Accounts Receivable Emily Cruz, Withdrawals
Supplies Service Revenue
Equipment Rent Expense
Furniture Utilities Expense
Accumulated Depreciation- Equipment Salary Expense
Accumulated Depreciation- Furniture Depreciation Expense- Equipment
Accounts Payable Depreciation Expense- Furniture
Salary Payable Supplies Expense
Unearned Service Revenue

Dec 2 Invested 120,000 to start an accounting practice, Emily Cruz, Accountant.

2 Paid monthly office rent, 5,000.
3 Paid cash for an Apple computer, 30,000. The computer is expected to remain in service
for 5 years.
4 Purchased office furniture on account, 36,000. The furniture should last for five years.
5 Purchased supplies on account, 3,000.
9 Performed tax service for a client and received cash for the full amount of 8,000.
12 Paid utility expenses, 2,000.
18 Performed consulting service for a client on account, 17,000.
21 Received 9,000 in advance tax work to be performed evenly over the next 30 days.
21 Hired a secretary to be paid 15,000 on the 20th day of each month.
26 Paid for the supplies purchased on December 5.
28 Collected 6,000 from the consulting client on December 18.
30 Withdrew 16,000 for personal use.

Additional information:
a. Accrued service revenue, 4,000.
b. Earned a portion of the service revenue collected in advance on December 21.
c. Supplies on hand, 1,000.
d. Depreciation expense- equipment, 500; furniture, 600.
e. Accrued expense for secretary salary.

Required:

Complete the steps in the Accounting Cycle.