Question: It is required to prepare accounting entries based on the following business operations of a company in May 2021. (1) Received an old machine invested

It is required to prepare accounting entries based on the following business operations of a company in May 2021.

(1) Received an old machine invested by Jincheng Company as an investment. The negotiated price between the two parties is 80,000 yuan.

(2) After receiving a patent from Apple, the negotiated price between the two parties is 50,000 yuan. (3) A loan of 100,000 yuan with a period of 6 months borrowed from the bank is deposited in the bank.

(4) Accrual of short-term loan interest of 500 yuan this month

(5) Pay 500 yuan of interest for this month on short-term working capital borrowed from the bank.

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