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I need Journal Entries and T-Accounts for the following transactions please: Submission 4 - Student Copy-3.xlsx 1 4/9/2022 Orca Company sold common stock for $100,000

I need Journal Entries and T-Accounts for the following transactions please:

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Submission 4 - Student Copy-3.xlsx 1 4/9/2022 Orca Company sold common stock for $100,000 in cash. Jaluations chedule ements 2 4/11/2022 Please record the necessary March adjusting entries: - Interest for both of the note payables - Prepaid Insurance for March has been used - Prepaid Rent for March has been used Orca Company estimates bad debt as 8% of current A/R - Orca Company used 1/2 of the remaining supplies $30,000 of salaries is recorded, but not paid - Utilities of $1.900 are paid ents ns 3 4/11/2022 Orca Company sold 150 units of inventory on account for $100 per unit -- Recall you are usin $50 inventory remaining (from March 4th) and 500 units of $65 inventory (from March 21st) tions Orca Company pays an appraiser to assess useful life and salvage value for its building and equ depreciated. The following is noted: - Incurs "appraisal expense" of $500 which is paid in cash and is NOT capitalized. - The Building with book value of $495.000 has a salvage value of $45.000 and useful life of 2 - The Equipment with book value of $3,000 has $0 of salvage value and 6-year useful life Hill Connect 4 4/11/2022 Video Record depreciation expense and accumulated depreciation for 2 months for the building (Fet Equipment (Jan-March). egistration 5 4/13/2022 Orca Company released a new advertising campaign worth $10,000 with its new slogan "Won paid legal and registration costs of $18,000 for trademarking the phrase. Materials 6 4/13/2022 Orca Company purchased 200 units of inventory for $55 per unit. Orca Company decides to sell its building. The purchaser agrees to take on Orca Company's ne 7 4/13/2022 4/13/2022 Orca Company purchased 200 units of inventory for $55 per unit. Jaluations 7 4/13/2022 Orca Company decides to sell its building. The purchaser agrees to take on Orca Company's na additional $20,000. chedule 8 4/15/2022 Orca Company sells 100 units of inventory for $100 on account ements 9 4/15/2022 A customer pays orca company $15,000 for services to be provided later. ents ns 10 4/15/2022 A customer recently sued Orca Company. Orca Company hired a law firm for $1,000 and the f loss is probable. Record the contingent liability 11 4/18/2022 Orca Company leases a new piece of equipment. The payments on the lease are paid annually borrowing rate of 5% and all payments are made at the end of April, starting this year. tions 12 4/18/2022 Orca Company issues a bond of face value $15,000. Orca Company will pay 4% annual interes Hill Connect 13 4/18/2022 Video Orca Company provides services of $40,000 to a customer and is paid in cash. Please begin recording the adjusting entries for Orca Company. ONLY RECORD THE FOLLOWING ENTRIES BELOW (even if more are technically "needed") Orca Company estimates bad debt as 8% of current A/R - Utilities of $1,250 are paid Orca company accrues interest on the note receivable it has recorded - Orca Company records the additional depreciation on its Equipment Orca Company makes a lease payment Orca Company records Income Tax expense and Income Tax payable of 20% of current incom 14 4/20/2022 egistration Materials 15 4/20/2022 In addition, please record the closing entries. You can record the closing entries as debits/cred expenses instead of individual revenue and expense accounts (see the Excel provided) 14 4/20/2022 Please begin recording the adjusting entries for Orca Company. ONLY RECORD THE FOLLOWING ENTRIES BELOW (even if more are technically "needed") - Orca Company estimates bad debt as 8% of current A/R - Utilities of $1,250 are paid - Orca company accrues interest on the note receivable it has recorded - Orca Company records the additional depreciation on its Equipment - Orca Company makes a lease payment - Orca Company records Income Tax expense and Income Tax payable of 20% of current incom 15 4/20/2022 In addition, please record the closing entries. You can record the closing entries as debits/cred expenses instead of individual revenue and expense accounts (see the Excel provided) 16 4/22/2022 Orca Company currently has $175,000 in its common stock. Orca Company completed its com par value of $1 on its common stock for 10,000 shares outstanding. As such, Orca Company na accounts to remove common stock and record Additional-Paid in Capital for the excess over pa 17 4/22/2022 Orca Company repurchases 1,000 shares of its own common stock for $8 per share to resell 500 of those shares at $12 per sh 18 4/22/2022 Orca Company immediately receives an opportu stock

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