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please find the journal entries, T-accounts, Income & expense accounts, closing balance sheet, income statement Task 1: T-accounts, journal entries of business transactions and closing

please find the journal entries, T-accounts, Income & expense accounts, closing balance sheet, income statement image text in transcribed
Task 1: T-accounts, journal entries of business transactions and closing entries (45 Points) 1. Prepare the journal entries (Sectloe B) and book the tranactions on T-accounts (Section C)! 2. Close the Traccounts (Sectien C) and prepare the closing balance sheet and income statement as of 30 hane 2023 (Section 0 ) (The var rabe is 20\%) 1 Sale of a commertial service, paid in canh 622,000 net. 2. Capital contribution of 4,700 by bank tranafer from its owners: 3. Settlement of a bank loan by bank transfer C3,000. 4. Sale of raw material is cash 6,000 gross. 5. Purchase of raw material on account C4,800 gross. 6. Sale of a medical service on account C,400 net. 7. A trade receivale c.5.000 is paid by bank transfer. 8. Pay out of a dividend of 61,800 in cash to its bwnen. 9. Pevetent of interest on loan by bank transfer C400. 10. Compacy receives &6,000 eent for a subleased office space by bank tranafer, 920 each. 12. Purchase of a licence. Payment in cashi 1,800 gross. Further detals: Closing inventary of row moterid as of 30 sne 2023 is C9,000

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