The following events occurred during the first year of business at ABC Company. A. Issued common stock for $100,000. B. Employees hired agree to sign a non-compete agreement. C. Purchased office equipment costing $35,000 by paying $5,000 cash and signing a five-year 8% note for the balance. The equipment has a 5-year life and no salvage value. D. Paid $18,000 for a one-year lease on office space E. Purchased office supplies on account, $750. F. Sent a bill for $7,500 to a customer for services performed G. Three employees attend the Chamber of Commerce meeting to generate sales contacts. H. Paid employees for hours worked, $1,025. 1. The office supply store across the street is planning a major advertising promotion next month. J. Received $1,000 from a customer for services to be performed next month. K. Paid half of the amount owed for office supplies in transaction (E), $375. L. Paid a dividend to owners in the amount of $1,000. M. Received, but did not pay, the monthly telephone bill, $275. N. At the end of the period a count of supplies revealed $400 of supplies on hand. O. Adjusting entry??? P. Adjusting entry??? Q. Adjusting entry??? Required: Part 1: a. Record the above transactions and adjustments in general journal form. b. Post the transactions to T-accounts and determine the account balances. c. Prepare an adjusted trial balance. Part 2: qu d. Prepare an income statement, statement of retained earnings, and balance sheet for 2021. e. Prepare the closing entries and post to the T-accounts. f. Prepare a post-closing trial balance. sp ar