Prepared Journal Entries,T-Accounts,Trial Balance Sheet,Income Statement,Retained Earings and Balance sheet

Super Pharma Company had the following transactions: 1. Issued capital stock for $935,000. 2. Purchased of inventory for $35,000 paying $15,000 and signing a note for the difference. 3. Paid $32,000 for electrical power bill. 4. Sold inventory costing $11,000 for a total sales price of $35,000. 5. Performed a service receiving $12,500 immediately and $2,500 to be collected 6. Purchased a new Packaging Machine for $2,525 on account