Ques- Pass journal entries foe each of the ques.

A company owes $200,000 on a bank loan.

2. T&T Corporation buys land for $4 million in January 2023.

3. A company decided to buy a van for $200,000 and use it for the next 5 years. Please calculate depreciation according to the straight-line method. Include the transactions for the purchase and yearly depreciation.

4. Corus Company has $12 million in revenue and an expense position of $9.5 million. Please calculate the net profit. Out of the net profit, $2 million is considered a dividend to be paid. Please show the entry accordingly.

5. Purchased supplies for $8,000 cash.

6. Paid $7,168 for salaries and wages for June.

7. Paid $768 in advance for July rent.

8. Provided $19,200 in services on account.

9. Paid $1,280 on accounts payable.

10. Received $336 from customers as deposits for future services.

11. Received a bill for $2,400 from the plumber who repaired a broken pipe in the restrooms but will not pay the bill until July.

12. Purchased equipment for cash of $1,248.

13. Provided $2,500 of services on account.

14. Received $2,000 cash for services provided in October.

15. Received $500 cash for services to be provided in November.

16. Received $1,500 cash on account for service provided in September.

17. Paid September's warehouse rental bill on account for $500.

18. Received October's rental bill of $750. Please post the entry for the month-end.