ABC Company opened its business at January 1st, 2023 A) Enter all necessery Journal Entries...
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ABC Company opened its business at January 1st, 2023 A) Enter all necessery Journal Entries that happened during the year. B) Then do the adjusting entries and closing entries. Complete T accounts. 1) Initial first deposit in its business checking: 2) Equipment purchased in January for $27000,10 years life, $2000 residual valt 3) Paid total utility bills for the year: 4) In Janury Paid in advance rent for the whole year: 5) Received prepayment Revenue during the year: 6) As of Dec. 31st, unearned revenue balance 7) Total withdraw by owner: During the Year JE's \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ ABC Company } \\ Adjusted Trial Balance \\ \hline Name & Dr. & Cr. \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|l|}{} \\ \hline \end{tabular} ABC Company opened its business at January 1st, 2023 A) Enter all necessery Journal Entries that happened during the year. B) Then do the adjusting entries and closing entries. Complete T accounts. 1) Initial first deposit in its business checking: 2) Equipment purchased in January for $27000,10 years life, $2000 residual valt 3) Paid total utility bills for the year: 4) In Janury Paid in advance rent for the whole year: 5) Received prepayment Revenue during the year: 6) As of Dec. 31st, unearned revenue balance 7) Total withdraw by owner: During the Year JE's \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ ABC Company } \\ Adjusted Trial Balance \\ \hline Name & Dr. & Cr. \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|l|}{} \\ \hline \end{tabular}
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