Paste Clipboard A18 BIUA A Font VXVfx A N HCH Alignment 1 General 81 A V 8 -08 %" Number N Conditional Formatting Insert Format as Table Delete V Editing Analyze Sensitivity Cell Styles V Styles Format v Cells Data Analysis Sensitivity A B C D E F G H 4 ABC Inc. established its operation at January 1st, 2023. 5 A) Enter all necessery Journal Entries that occured during the year. 6 B) Then prepare the adjusting entries, closing entries, financials, worksheet. Complete T accounts. 7 8 1) In January, Initial stock issuance: $540,000 92) In January, purchased Equipment $ 67000, 10 years life, $7000 residual value 10 3) Paid for the year total utility bills: $67,000 $7,000 $3,200 11 4) In January, paid in advance rent for the two years: $8,000 12 5) In February, received prepayment from a customer for service to be provided: 13 6) As of Dec. 31st. unearned revenue balance is: $35,000 $5,000 14 7) In December, Dividend declared: $7,500 15 16 During the Year JE's 17 Account Name 18 19 20 21 22 23 Debit Credit