There is a newly established SERVICE COMPANY as of Jan 01, 2015. You should prepare your SA by considering below items to be recorded to the Journal; 1. On the 1* of January, some capital from shareholders (1* economic event) is transferred to the company. 2. On the 1* of January, some loan from the creditors (banks) with 12% annual interest rate is deposited to the company's bank account (2" economic event). 3. During January, you will consider 18 more economic events to be registered to the Journal as directed below: a. 3 prepaid expenses, I unearned revenues b. 3 accrued expense, 1 accrued revenue c. 1 purchasing a vehicle in the beginning of January, d. 1 purchasing equipment in the beginning of January, e. 1 Freight-in cost for purchasing of equipment, f. 1 Installation cost for the equipment, g. 1 Maintenance cost for the equipment, h. 2 adjustment entries with the bank, i. 1 month depreciation registration for the Vehicle, j. 1 month depreciation registration for the equipment, k. 1 interest registration for the loan borrowed from the bank. 4. Post the above events to the Ledger 5. At the end of January, a. Prepare Trial Balance b. Record Adjusting Entries c. Prepare Adjusted Trial Balance 6. Prepare Income Statement 7. Prepare Retained Earnings Statement 8. Prepare Balance Sheet The goods which are purchased for the purpose of resale are called A) Merchandise B) Raw material C) Supplies D) Fixed asset E) Current asset