ABC Inc. established its operation at January $1$st$,2014.$

A$)$ Enter all necessery Journal Entries that occured during the year.

B$)$ Then prepare the adjusting entries, closing entries, financials, worksheet & T accounts.

$1)$ In January, Initial stock issuance: $$450,000$

$2)$ January, bought Equipment for $ $63000,10$ years life, $$3000$ residual value $$63,000$ $$3,000$

$3)$ November, paid total utility bills: $$8,500$

$4)$ In January, paid in advance rent for two years: $$12,000$

$5)$ In February, received prepayment from a customer for service to be provided: $$42,000$

$6)$ Dec. $31$st $2014,$ unearned revenue balance $$2,000$

$7)$ In December, Dividend declared: $$10,000$

What is the Cash balance in the Trial Balance?

What are the Accounts Receivable balance in the Trial Balance?

What is the Accumulated Depreciation$-$Equipment balance in the Trial Balance?

What is the Prepaid Rent balance in the Trial Balance?

What is the Dividend payable balance in the Trial Balance?

Total Trial Balance on the Debit side is:

What is the Utility Payable balance in the Trial Balance?

What is the Journal Entry for Dividend declared?

Common Stock issued is$?$

What is the Depreciation Expense$-$Equipment balance in the Trial Balance?