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Prompts 2 . 5 , 2 . 6 , and 2 . 7 utilize the following information for Company ABC:March 1 5 , 2 0

Prompts 2.5,2.6, and 2.7 utilize the following information for Company ABC:March 15,2023: Company ABC obtained a $200,000 loan from a bank to be paid back in 2026.June 1,2023: Hasan invests $50,000 Cash into the business in exchange for Common Stock.December 31,2023: The business records the adjusting entry for one months worth ofdepreciation expense relating to machinery purchased on January 1,2022 for $36,000 with a usefullife of 3 years.Prompt #2.5Please prepare the necessary T-Accounts for the above three transactions from the companysperspective. (HINT: Utilize Rolling Balances in each account where applicable and be sure toinclude final balances.)Prompt #2.6Are the total debit and credit balances across all T-Accounts equal? Should they be? Please explainwhy or why not?Prompt #2.7Provide the individual Journal Entries to record the three transactions from the companysperspective.

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