Hello,

Please do the following accounting entries ( the initial entries+ the adjustment entries)

The following facts are given concerning the company "KAPA SA": 1. Collection of 4 months' rent totaling 4,000 on 1/10/2021. 2. Payment of insurance premiums of 4,000 on 1/7/2021 for the next 2 years. 3. Collection of 20,000 from customers on 1/4/2021 for services to be provided during the next 12 months. 4. Taking out a loan on 30/9/2021 in the amount of 22,000 for 8 months with an annual interest rate of 4%. the interest are paid with the repayment of the loan. 5. Purchase of a machine on 31/7/2021 for 61,000, 25% in cash and the rest with signature of a postdated check. The machine is estimated to deliver constant benefits during its estimated life of 20 years and its residual value at 1,000. 6. Payment of 20,000 on 1/11/2021 to an advertising company for an advertising campaign will take place from 30/11/2021 to 1/4/2022. 7. On 1/1/2021 the inventory of packaging materials was 5,000, while on 6/5/2021 he bought packaging materials 32,000 on credit. On 31/12/2021 the stock of packaging materials amounts to 14,000.