Instructions:

Prepare the journal entries for transactions A$-$T below and record them on the "Journal Entries" tab.

Once you have created the journal entries, post them on the $"$T$-$accounts" tab.

Prepare journal entries to adjust journal entries $1-6.$

Post the adjusting journal entries to the correct T$-$accounts in the $"$T$-$Accounts" tab.

M December $1$: Pane purchases a piece of machinery with cash that will assist in making $"$T$-$Panes"

$\backslash$table$[[$Cost of Machinery,$$980,000$