4. All of the services associated with the beginning deferred revenue have been performed Statement of General Income Statement General Balance Sheet Trial Balance Requirement SE Ledger Journal Using the dropdown buttons, select the iterm that accurately describes the values that either increase or decrease the balance indicated. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Post-closing to: Dec 31 Dates: Jan 01 RED FLASH PHOTOGRAPHY Statement of Stockholders' Equity For the Period Ended December 31, 2021 Total Stockholders Equity Common Stock Retained Earnings Balance at January 1 0 Add: Issuance of Common Stock 0 Add: Net Income for 2021 Less: Dividends 0 Balance at December 31 0 S $ 0 Income Statement Balance Sheet> On January 1, 2021, Red Flash Photography had the following balances: Cash, $15,000; Supplies, $8,300, Land, $63,000, Deferred Revenue, $5,300, Common Stock $53,000; and Retained Earnings, $28,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $23,000. 2. May 20 Provide services to customers for cash, $38,000, and on account, $33,000 31 Pay salaries to employees for work in 2021, $26,000 1 Purchase rental space for one year, $15,000. 3. August 4. October 5. November 17 Purchase supplies on account, $25,000 6. December 30 Pay dividends, $2,300 The following information is available on December 31, 2021 1. Employees are owed an additional $4,300 in salaries. 2. Three months of the rental space has expired. 3. Supplies of $5,300 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed.. Statement of SE Income Statement General Journal General Balance Sheet Trial Balance Requirement Ledger Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the balance indicated. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. 4. All of the services associated with the beginning deferred revenue have been performed Statement of General Income Statement General Balance Sheet Trial Balance Requirement SE Ledger Journal Using the dropdown buttons, select the iterm that accurately describes the values that either increase or decrease the balance indicated. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Post-closing to: Dec 31 Dates: Jan 01 RED FLASH PHOTOGRAPHY Statement of Stockholders' Equity For the Period Ended December 31, 2021 Total Stockholders Equity Common Stock Retained Earnings Balance at January 1 0 Add: Issuance of Common Stock 0 Add: Net Income for 2021 Less: Dividends 0 Balance at December 31 0 S $ 0 Income Statement Balance Sheet> On January 1, 2021, Red Flash Photography had the following balances: Cash, $15,000; Supplies, $8,300, Land, $63,000, Deferred Revenue, $5,300, Common Stock $53,000; and Retained Earnings, $28,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $23,000. 2. May 20 Provide services to customers for cash, $38,000, and on account, $33,000 31 Pay salaries to employees for work in 2021, $26,000 1 Purchase rental space for one year, $15,000. 3. August 4. October 5. November 17 Purchase supplies on account, $25,000 6. December 30 Pay dividends, $2,300 The following information is available on December 31, 2021 1. Employees are owed an additional $4,300 in salaries. 2. Three months of the rental space has expired. 3. Supplies of $5,300 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed.. Statement of SE Income Statement General Journal General Balance Sheet Trial Balance Requirement Ledger Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the balance indicated. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection
