Using the abstracts provided, accomplish the accomplish beneath to complete the final project.
On December 1, 2019, SoccerBox Inc. started operations. The afterward affairs occurred during December 2019.
NOTE: There are no alpha balances-this is a new company.
Dec 1 Randol Espy invested $80,000 banknote in the aggregation for accepted stock.
Dec 2 Soccer Box purchased soccer accessories for $20,000 cash.
Dec 2 Soccer Box busy an old barn for $30,000 banknote for the aboriginal year's (December 2019- November 2020) rent.
Dec 3 Soccer Box purchased $500 of appointment food with cash.
Dec 10 Soccer Box paid $12,000 banknote for an anniversary allowance policy.
Dec 14 Soccer Box paid $4,000 banknote for the aboriginal amount becoming by its employees.
Dec 24 Soccer Box accustomed $85,000 banknote from soccer fees paid by parents for a clandestine adolescence soccer lesson.
Dec 28 Soccer Box paid $4,000 banknote for 2 weeks' salaries becoming by its employees.
Dec 29 Soccer Box paid $200 banknote for accessory aliment to its soccer equipment.
Dec 30 Soccer Box paid $150 banknote for this month's blast bill.
Dec 30 Dividends of $1,000 banknote were paid by Soccer Box to its accepted shareholders.
Using this spreadsheet and the advice above, complete the following:
Record the account entries that occurred during the ages of December.
Prepare an unadjusted balloon balance.
Create adjusting account entries at the end of the year (December 31) based on the afterward acclimation data:
One month's allowance advantage has asleep (refer to the December 10 entry).
The aggregation active the barn amplitude for the ages of December (refer to the December 2 entry).
At the end of the month, $100 account of appointment food are still accessible (refer to the December 3 entry).
This month's abrasion on the soccer accessories is $250.
Advisers becoming $300 of contributed and accepted salaries as of month-end.
Prepare an adapted balloon balance.
Prepare an assets statement, a account of retained earnings, and a classified antithesis area as of December 31, 2019.
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