ABC Inc. established its operation at January 1st, 2014.

1) In January, Initial stock issuance: $450,000

2) January, bought Equipment for $ 63000, 10 years life, $3000 residual value 

3) November, paid total utility bills: $8,500

4) In January, paid in advance rent for two years: $12,000

5) In February, received prepayment from a customer for service to be provided: $42,000

6) Dec. 31st 2014, unearned revenue balance $2,000

7) In December, Dividend declared: $10,000

A) Enter all necessery Journal Entries that occurred during the year.
B) Then prepare  T accounts.