Prepare Beyond Veggiess journal entries throughout 2019 as well as the required adjustment entries (including closing entries) on December 31st, 2019.

Susan Rice began her company (called Beyond Veggies) on January 1st,2019. The annual reporting period ends on December 31st,2019. During the year 2019 the following transactions occurred: (a) On Jan 1, 2019, investors contributed $200,000 in exchange for 10,000 shares of $5 par common stock on the advice of its investment banker. Beyond Veggies offered the shares at $20. (b) On January 10th,2019, Beyond Veggies purchased inventories paying $2000 on credit. (c) Beyond Veggies borrowed $10,000 by signing a one-year note on February 1, 2019 with an interest rate of 12 percent. The note and interest payment is due in full on January 31,2020. (d) On March 1st,2019, Beyond Veggies purchased equipment for $3,000 cash. Beyond Veggies estimates that 30% of the equipment's cost should be depreciated during 2019. (e) On April 30th, 2019, Beyond Veggies declared and paid a cash dividend of $0.40 per share. (f) On July 15th,2019, Beyond Veggies sold 30 units of its standard product at $25 each on credit. The units were taken from inventory and the cost of goods sold was $10 each. (g) On Oct 1st,2019, a customer paid Beyond Veggies $6,000 in advance for 6 -months of rent starting Nov 1st,2019