(1)	Dec 1	Sell shares of common stock for $1,500,000 to obtain funds necessary to start the business
(2)	Dec 1	Borrow $800,000 from the local bank and sign a note promising to repay the full amount of the debt in three years.
(3)	Dec 1	Purchase equipment necessary for customizing robots, $360,000.
(4)	Dec 1	Pay one year of rent in advance for retail and warehouse space, $216,000 ($18,000 per month)
(5)	Dec 6	Purchase supplies on account, $12,000.
(6)	Dec 12	Purchase 8 robotics units as inventory, $520,000 ($65,000 per unit)
(7)	Dec 17	Sell 6 robots for cash, $95,000 each and on account payable $300,000. Sell 1 robot on account 70,000 per unit
(8)	Dec 23	Receive cash in advance from customers for customization services to be performed in the future, $80,000
(9)	Dec 28	Pay employee salaries of $24,000 for the month of December including 3500 bonus
(10)	Dec 30	Pay cash dividends of $16,000 to shareholders

Below is the data for the transactions made on account for the month of Dec 2022 for ABC Company. Discuss and record the effects of transactions on the financial position of the company using specific accounts.

Work on Excel and create balance sheet and income statement using the financial entries

give it to me within an hour