Tesla Inc. 

Date	Description	Debit ($)	Credit ($)
2025-12-01	Initial Capital	400,000
2025-12-02	Purchased Office Supplies	15,000
2025-12-05	Paid Office Rent	18,000
2025-12-10	Services Rendered (70% on credit)		130,000
2025-12-15	Received Payment from Customers	70,000
2025-12-18	Paid Salaries	25,000
2025-12-20	Purchased Equipment (paid in cash)	35,000
2025-12-25	Utility Expenses Paid	5,000
2025-12-28	Loan Received	80,000
2025-12-30	Interest on Loan	3,000

Requirements:

1. Record the journal entries for the transactions of Tesla Inc.
2. Post the transactions to the ledger accounts.
3. Prepare a trial balance as of December 31, 2025.
4. Prepare the income statement and balance sheet for the month ended December 31, 2025.