Question: what is the journal entry/ adjusting entry for both the transactions on 16th January and the one on 18th January? Transacuon Summary 01-January-2018 Open business

what is the journal entry/ adjusting entry for both the transactions on 16th January and the one on 18th January?

Transacuon Summary 01-January-2018 Open business bank account with transfer of personal funds 02-January-2018 EFT for rental of office space. Immediate occupancy. 48 months at $3500 per month. 16-January-2018 Office equipment purchased for cash to get discount from the retail price of $56,000. 16-January-2018 The office equipment will be replaced in 5 years at an expected cost of $67.000 18-January-2018 Bank loan approved and credited to account. Payable in 2021 $230,000 $168,000 $50,000 $67,000 $260,000

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