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help please On January 1, 2023, Gabby decided to open a business registered as Gabrielle, UC. Gabby contributed Cash, $1,000,000; and Furniture that has a

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On January 1, 2023, Gabby decided to open a business registered as Gabrielle, UC. Gabby contributed Cash, $1,000,000; and Furniture that has a fair market value of $500,000 and a cost 0$300,000. There was an outstanding note of $100,000 on the furniture and Gabrielle, UC assumed the outstandling note payable. The following are the addibional transactions that Gabrielle, LC engaged in during the month of January. 2023. Jan 1, interviewed Erich to serve as Operation manager on a part time basis at a salary of $15,000 per month. Erich accepted the job and agreed to start on January 16, 2023. Jan 5, Borrowed $600,000 from Bank of America and issued a promkssory note to the bank. Jan 8, Bought supplies for $60,000, paying $40,000 now and promising to pay the balance on January 31 , 2023. Jan 15 Performed $50,000 services for a customer and collected $30,000. The balance is to be collected In future. Jan 16, Erich reported for duty as a follow up on his acceptance of the position as an Operation Manager at a salary of $15,000 per month. Jan 31, Accrued $6,000 interest on the promissory note issued to the bank on lanuacy 5. Jan 32, Services performed but nelther billed nor recorded was $25,000. Jan 31. Supplies used during the month was $12,000. Jan 31. Pald Erich $15,000 for the services performed during the month of January. Required: a. Prepare general joumal entries based on the information above. b. Post the journal entries to the general ledger. c. Prepare a trial balance

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