On April 01, 2025, ABC signed a $11305 consulting contract with XYZ

The contract requires XYZ to provide computer technology support services whenever requested over the period from April 01, 2025 to August 01, 2026, with ABC paying the entire $11305 on April 01, 2025

Use the account titles on the spreadsheet account_titles.xlsx

Cash

Cash Equivalents

Short-term marketable securities

Accounts receivable

Allowance, accounts receivable

Inventories

Deferred tax assets

Other current assets

Long-term marketable securities

Property, plant and equipment

Accumulated depreciation

Goodwill

Intangible assets

Accounts payable

Accrued expenses

Deferred revenue

Long-term debt

Other non-current liabilities

Common stock

Retained earnings

Accumulated other comprehensive income

Sales revenue

Cost of sales

Research and development expense

Selling, general and administrative expense

Other income/(expense)

Provision for income taxes

Other comprehensive income

Prepare journal entries for ABC

1. the journal entry on April 01, 2025 will be a DR to (account title):
2. the journal entry on April 01, 2025 will be a CR to (account title):
3. the amount of the DR and the CR on April 01, 2025 is:
4. the adjusting journal entry (based on months passed) on December 31, 2025 will be a DR to (account title):
5. the adjusting journal entry on December 31, 2025 will be a CR to (account title):
6. the amount of the DR and the CR on December 31, 2025 will be: