Post the transactions to the general ledger

Post the adjusting journal entries to the general ledger

Nighthawk Services was incorporated in the state of VA. The company will provide management consulting services to business and governmental clients. Tom M. contributed $20,000 of personal funds to the business in exchange for shares of common stock Nighthawk Services signed a contract to provide consulting services for $10,000 to ABC client. Nighthawk Services received $10,000 from ABC for work to be performed half in January and half in February. Nighthawk Services bought $700 of office supplies on account Nighthawk Services bought $5,000 of office equipment using cash Nighthawk Services hired 2 consultants Nighthawk Services purchased a 12 month insurance contract for $12,000 Nighthawk Services paid $650 cash for rental of office space for January Nighthawk Services paid $400 on account for advertising during January. Nighthawk Services was paid $3000 from Fed Corp to perform services during January Nighthawk Services purchased $200 of supplies using cash Nighthawk Services signed a contract to provide consulting services for $36,000 to DMV client. Services to be provided equally over the next 12 months starting in February. Client will be billed at end of each month. Nighthawk Services pays employees $5,000 in salaries Nighthawk Services borrowed $500,000 on a 3% note payable. Nighthawk Services purchased Land for $100,000 cash with plans to build an office building within the next year. Nighthawk Services paid $200 cash for repairs and maintenace to equipment Nighthawk Services loans $1000 to G Corp on a 5% (interest) note receivable Nighthawk Services pays employees $5,000 in salaries Nighthawk Services gets paid $850 for services performed to Vector Corp Nighthawk Services purchases $1,000 in stock investments Nighthawk Services gets a $275 bill for utilities used in January Nighthawk Services pays $650 in office rent for month of February Nighthawk Services pays $2,000 in dividends Nighthawk Services pays $400 cash to attend an event to promote business at a convention in January Nighthawk Services pays $490 cash for taxes Nighthawk Services pays employees $5,000 in salaries Nighthawk Services paid for $700 office supplies previously purchased on account Nighthawk Services has to prepare financial statements for the owner and the bank from which the funds were borrowed.

Nighthawk Services calculated $500 in depreciation Nighthawk Services must recognize the accrued interest on the loan Nighthawk Services counted $400 in remaining supplies (on hand supplies) Nighthawk Services owes employees $1,000 in salaries for work performed in January Are there any other accounts that need adjusting?!!