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can anyone answer these please? ABC Company purchased equipment for $2,000 by paying $500 cash and s note for the balance. Journalize, in good format,

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ABC Company purchased equipment for $2,000 by paying $500 cash and s note for the balance. Journalize, in good format, the necessary entry. Question 16 (2 points) The owner of ABC Company contributes $25,000 to start the company. Record, in good form, the necessary journal entry. Question 17 (2 points) Does a balanced trial balance guarantee accounting records are free from error? Why or why not? Question 18 (2 points) ABC Company showed the following balances at the end of its first year Cash $ 8,700 Prepaid insurance 5,400 Accounts receivable 7,000 Accounts payable 5,800 Notes payable 9,400 Owner's Capital 2.300 Owner's Drawings 1,400 Revenues 40,000 Expenses 35,000 What did ABC Company show as total credits on its trial balance? Question 21 (3 points) ABC Company signed a four-month note payable in the amount of $30,000 on September 1. The note requires interest at an annual rate of 5%. Record the adjusting entry in proper format relating to interest that is required at the end of September (you may omit the date) Question 22 (3 points) ABC Company purchased supplies costing $6,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of supplies revealed $1,800 still on hand. Record the necessary adjusting entry in good form. Question 23 (3 points) ABC has determined that annual depreciation on a piece of equipment they purchased is $12,000. Record, in good form, the necessary adjusting entry required each month

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