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I don't understand how to adjust the entries for the transaction analysis and need help with the journal entries. *Assume these notes represent non-interest-bearing loans

I don't understand how to adjust the entries for the transaction analysis and need help with the journal entries.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed *Assume these notes represent non-interest-bearing loans from owners, due in 5 years. Andover Income Statement for Year ended December 31, Year 0 Andover Balance Sheet As of December 31, Year 1 Andover Income Statement For the year ended December 31 , Year 1

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