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Xfroblem 2-4A Preparing general fournal entries LO3, 5 Abe Factor opened a new accounting peactice called X.Factor Accounting and completed these activities daring March 2023

Xfroblem 2-4A Preparing general fournal entries LO3, 5 Abe Factor opened a new accounting peactice called X.Factor Accounting and completed these activities daring March 2023 ; Required trepare fournal entries to record the trancactions f Problem 2-5A Posting, preparing a trial balance L04, 5, 6 CHECK FIOURE 3 . Total Dr=$75,700 Requind Using the jourmal entries prepared in Problem 2-4A, complete the following: 1. Set up the following accounts (use the balance column format of Taccounts): Cash (101), Accounts Receivable (10o) Otfice Supplies (124), Trepaid Insurance (128), Prepaid Rent (131) Office Equipment. (163) Accounts Payable (201), Abe Factor, Capital (301); Abe Factor, Withdrawals (302), Accounting Revenue (401) and Utilities Expense (690)

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