Come up with your own scenarios and transactions and prepare 20 Journal Entries to account for these transactions. The entries should be accounted for on the accrual basis of accounting.

Include 5 Adjusting Journal Entries needed for year end. These adjusting entries can cover a variety of topics, but please at least include an adjusting entry to account for depreciation expense as of year-end.

1. Prepare Year End Financial Statements
2. Profit & Loss
3. Balance Sheet
4. Statement of Owners Equity
2. 
   
3. Feb 1. I, The owner invested $100,000.00 into the Business.
5. Feb 3. Purchased equipment for $40,000.00 from Kavanaugh Amusements.
7. Feb 5. Incurred advertising expense of $1500 on Account from Agency.
9. Feb 8. Paid Salary to Employees $15,000
11. Feb 10. Paid Business Cellphone bill $150
13. Feb 12. I, withdrew $500 for personal use.
15. Feb 13. Received $6000 in Admission fees.
17. Feb 14. Billed corporate customers $6000 for using Park earlier today.
19. Feb 14. Billed 20,000 for private Park Event
21. Feb 15. Collected $3000 from customers in advance of using the park.
23. Feb 17. Purchased equipment for $20,000.00 from Kavanaugh Amusements.
25. Feb 19. Received $7000 in Admission fees.
27. Feb 21. Collected $3000 from customers in advance of using the park.
29. Feb 22. Paid Salary to Employees $15,000
31. Feb 23. Received $20,000 Annual Pass Sales
33. Feb 24. Talks to Development team about new planned attraction - No Journal entry Required.
35. Feb 25. Billed corporate customers $4000 for using Park earlier today.
37. Feb 26. I, Withdrew $1000 for personal use.
39. Feb 27. Agreed on a business plan for new park attraction - No Journal Entry Required.
41. Feb 28. Paid 800 on account for the Advertising incurred back on February 8^th