1.1/1 owner put in 50g into company 2. 2/1 company signed 10 year lease for space beginning 3/1. Rent 5g/mo. At signing company paid the first 6 months of rent + a 2 month security deposit. 3.4/1 Company borrows 200g from bank for two years at 6% per year annual interest with all interest and principle payable at the end of two years. 4.5/1 company buys and starts using a machine for 80g - it will last 3 years and will then be worth (sold used) 8g. On 5/1 we paid half the cost of the machine and will pay the rest in 6 months plus the interest on the unpaid balance of 12% annual. (do not use mid month or mid year conventions) 5.5/15 we place an advertisement for 25 that we pay in full 6.6/1 we do 15g of work and are paid one third. (the rest is owed to us) Questions 1. Do j/es 2. Do adjusting entries 3. Do tb 4. what is our income for the first 6 months of our existence - do income statement 5. what is the wealth of this company at 6/30m what assets does this company have at 6/30, what does the company owe - do balance sheet 6/30 x1 1.1/1 owner put in 50g into company 2. 2/1 company signed 10 year lease for space beginning 3/1. Rent 5g/mo. At signing company paid the first 6 months of rent + a 2 month security deposit. 3.4/1 Company borrows 200g from bank for two years at 6% per year annual interest with all interest and principle payable at the end of two years. 4.5/1 company buys and starts using a machine for 80g - it will last 3 years and will then be worth (sold used) 8g. On 5/1 we paid half the cost of the machine and will pay the rest in 6 months plus the interest on the unpaid balance of 12% annual. (do not use mid month or mid year conventions) 5.5/15 we place an advertisement for 25 that we pay in full 6.6/1 we do 15g of work and are paid one third. (the rest is owed to us) Questions 1. Do j/es 2. Do adjusting entries 3. Do tb 4. what is our income for the first 6 months of our existence - do income statement 5. what is the wealth of this company at 6/30m what assets does this company have at 6/30, what does the company owe - do balance sheet 6/30 x1