Question: Please help me to do it as the Required below,thanks. The balance sheet of the company ABC as at 1.01.2020: ASSETS EQUITY & LIABILITIES Long-term

Please help me to do it as the "Required "below,thanks.
Please help me to do it as the "Required "below,thanks. The balance

The balance sheet of the company ABC as at 1.01.2020: ASSETS EQUITY & LIABILITIES Long-term investments (art) 22 000 Shareholders' equity 20 000 Inventory (1600 units 5 per 4000 Liabilities 4000 unit) Cash and cash equivalents 4000 Accrued cost 6 000 Total assets 30 000 Total equity & liabilities 30 000 * An estimated cost of office renovation In January 2020 the following events occurred (costs by nature applied): 1 The office renovation was finished. The final invoice for the work amounted to 7 200 The company sold on deferred payment, 800 units at 7 per unit. 3. The company set up a warranty provision 5% of sales value. The company purchased company Betax company. Assets of Betax 80 000, liabilities 62 000, paid (in cash) 38 000, Resuirest 1. Open the T-accounts based on the Balance Sheet data. 2. Record all transactions in T-accounts and close all accounts on 31.01.2020. Calculate the amount of net income / (loss). 2. 4

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