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Take home Test Autumn Andrews Advertising began business on June 1 st and had the following transactions: 6 - 1 : Autumn Andrews contributed $

Take home Test
Autumn Andrews Advertising began business on June 1st and had the following transactions:
6-1: Autumn Andrews contributed $400,000 cash to AAA.
6-1: Signed a lease and paid $40,000 in cash. The lease is two months long, beginning on June 1 st.
6-2: AAA purchased furniture on account for $40,000.
6-3: AAA received a $100,000 cash advance from Tara Taylor for future advertising services.
6-5: Autumn Andrews withdrew $30,000 cash from AAA.
6-7: AAA provided advertising services to Bella Barnes and received $200,000 on account.
6-8 Purchased supplies on account from Staples $10,000
6-10: Bella Barnes paid her accounts receivable in cash, $200,000
6-12: AAA paid staples accounts payable in cash, $10,000.
Information for Adjustments:
a. Provided Tara Taylor with $60,000 of Advertising services.
b. Depreciation expense $1,000
c. Salaries earned but not paid in June, 50,000
d. Revenue earned but not recorded $60,000
e. Utilities expense not recorded $10,000
f. Unused supplies $5,000
g. Rent expense for month $20,000
Record the transactions in the journal, post them to the ledger, prepare a trial balance, prepare adjusting journal entries, post them to the ledger, prepare an adjusted trial balance, prepare an income statement, an owner's equity statement and a balance sheet, prepare closing entries, post them to the ledger, and prepare a post closing trial balance
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