Please record all the transactions in T- Accounts and Journalize them

Exercise 1 The balance sheet of the company ABC as at 01.12.200X is as follows: ASSETS Receivables from customer X Receivables from customer Y Remaining assets Total assets 60 000 40 000 10 000 110 000 EQUITY & LIABILITIES Shareholders' equity Payables to vendor Z Payables to state agency Total equity & liabilities 60 000 30 000 20 000 110 000 Events that occurred: 1. The interest on receivables from customer X was accrued (10% of all receivables). 2. The receivables from customer y were written-down (20% of all receivables). 3. An interest note was received from vendor Z (accrued interest -15% of all payables). 4. The interest on state agency payables was accrued 5 000. Required: Prepare the profit and loss statement for December and the balance sheet as at 31.12.200X. Ignore the income tax