QQQ was founded in 2021 Below is the post-closing trial balance as of 12/31/2021 Requirements: This...

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QQQ was founded in 2021 Below is the post-closing trial balance as of 12/31/2021 Requirements: This project must be handwritten NOT computer generated or typed Prepare all Jan entries and adjusting journal entries on the journal sheet provided (15 points) ATTACHMENT A Post all Jan transactions and adjusting entries to the provided T accounts (15 points) ATTACHMENT B . Prepare the financial statements at end of Jan 2022 on ATTACHMENT C (5 points) ACCOUNT TITLE Cash Accounts receivable Allowance for Bad Debts Inventory Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Sales Tax Payable FICA Taxes Payable FIT Taxes Payable Wages Payable Unemployment Taxes Payable Unearned Revenue Interest Payable Notes Payable Common Stock APIC Beginning R/E Treasury Stock TOTALS ADDITIONAL INFORMATION: 1. QQQ has a policy of selling inventory at $120 per unit. 2. Sales tax is 5%. DR CR 10,500 9,450 885 11,970 1,600 25,000 2,400 500 400 450 1,175 100 4,800 1,200 24,000 13,800 10,300 3,310 4,800 63,320 63,320 QQQ was founded in 2021 Below is the post-closing trial balance as of 12/31/2021 Requirements: This project must be handwritten NOT computer generated or typed Prepare all Jan entries and adjusting journal entries on the journal sheet provided (15 points) ATTACHMENT A Post all Jan transactions and adjusting entries to the provided T accounts (15 points) ATTACHMENT B . Prepare the financial statements at end of Jan 2022 on ATTACHMENT C (5 points) ACCOUNT TITLE Cash Accounts receivable Allowance for Bad Debts Inventory Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable Sales Tax Payable FICA Taxes Payable FIT Taxes Payable Wages Payable Unemployment Taxes Payable Unearned Revenue Interest Payable Notes Payable Common Stock APIC Beginning R/E Treasury Stock TOTALS ADDITIONAL INFORMATION: 1. QQQ has a policy of selling inventory at $120 per unit. 2. Sales tax is 5%. DR CR 10,500 9,450 885 11,970 1,600 25,000 2,400 500 400 450 1,175 100 4,800 1,200 24,000 13,800 10,300 3,310 4,800 63,320 63,320