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Bogisich Company was formed on January 1 , 2 0 2 2 , and completed the following transactions during its first month of operations:

Bogisich Company was formed on January 1,2022, and completed the following transactions during its first month of operations:
\table[[Event,Description],[1,Acquired $49,000 cash from the issue of common],[2,Borrowed $11,000 cash from the bank.],[3,Paid $9,000 in advance to lease office space for 4],[4,Received $1,500 cash in advance for services to be],[5,Purchased land for $5,000 cash.],[6,Purchased supplies of $1,500 on account.],[7,Provided services of $64,000 on account.],[8,Collected $33,000 from customers on account.],[9,Paid for operating expenses with cash of $21,000.],[10,Paid $750 on accounts payable.],[11,Paid a $600 cash dividend to the stockholders.]]
Information for January adjusting entries:
Event Description
12 The advance payment for rental of office space (Event 3) was made on January 1 for a 4-month term.
13
The cash advance for services to be provided in the future (Event 4) was collected on January 1 and the 6-month contract s on that day,
14$1,050 of supplies remain on hand at the end of the month.
15$2,500 of wages have been earned by employees but not yet paid.
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