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Please fill in the General journal and adjusted journal entries as can be seen in the image and also create T - accounts for Cash,

Please fill in the General journal and adjusted journal entries as can be seen in the image and also create T-accounts for Cash, common stock, Spaceship, Notes payable, prepaid insurance, Revenue, Unearned Revenue, Dividends, Supplies, Accounts payable, Wage Expense, Accounts Recievable, Fuel Epense. Thank you! REQUIRED
1 Prepare the journal entries for transactions 116.
2 Post the transactions to the appropriate general ledger T accounts. Use the Ref #. listed to
organize your T accounts.
3 Prepare a trial balance as of December 31.
4 Prepare adjusting entries on December 31 based on the following additional information.
a. The Spaceship has a 10-year life, with no salvage value.
b. Supplies on hand at year end amount to $750,000.
c. Employees earned wages of $480,000 during December 2022, which will be paid in
January 2023.
d. The insurance policy covered a 12-month period.
e. Provided services in the amount of $1,200,000 for NASA who paid deposits on December
15th to pre-arrange a delivery of supplies to the International Space Station.
5 Prepare an adjusted trial balance as of December 31. Post the adjusting entries using the
format in Exhibit 3-4 from your text as a guide (p.3-16).
6 Prepare an income statement, statement of stockholders equity and a classified balance sheet
as of the end of 2023. Please use good form including company name and date
image text in transcribed

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