Provide An Example Of Each Title Here And Then Record The Journal Entries

Question-1Provide an example of each title here and then record the journal entries. Following the first given answer.Providing consulting services receiving cash.Given answer:1-Ali Company provides consulting service and receives 1,000 cash.2-Issuing common stocks receiving cash.Vibrant company issues 5,000 common stocks receiving 10,000 cashDr. Cash 10,000Cr. Common Stocks Outstanding 10,0003-Purchasing land for cash.Vibrant Company pays 5,000,000 cash for landDr. Land and buildings 5,000,000Cr. Cash 5,000,0004-Purchasing supplies on credit.Vibrant Company receives stationery worth 200 from credit supplierDr. Printing and stationery 200Cr. Accounts payable 2005-Borrowing money from a bank.Vibrant Company takes a loan of 20,000 from credit supplierDr. Cash 20,000Cr. Bank loan 20,0006-Paying employees their salaries.Vibrant Company pays 50,000 in employee salariesDr. Salaries 50,000Cr. Salaries payable 50,000Question-2Why do companies record adjusting journal entries at the end of the accounting periods? Give an example of unearned revenue and accrued expense.Companies record adjusting journal entries to record entries that do not involve transactions. Such entries include adjustment for annual depreciation and accruals. Unearned revenue relates to revenue receipts for which the title of ownership of goods and