6 Return to ques Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Part 2 of 7 Accounts Debit Credit Cash $23,900 5,300 3,200 51,000 5 Accounts Receivable points Supplies Land Accounts Payable Common Stock 3,300 66,000 Retained Earnings 14,100 $83,400 Totals $83,400 During January 2021, the following transactions occur: January 2 Purchase rental space for one year in advance, $6,300 ($525onth). January 9 Purchase additional supplies on account, $3,600. January 13 Provide services to customers on account, $25,600. January 17 Receive cash in advance from customers for services to be provided in the future, $3,800. January 20 Pay cash for salaries, $11,600. January 22 Receive cash on accounts receivable, $24, 200 January 29 Pay cash on accounts payable, $4,100. Rent for the month of January has expired. Return to question Rent for the month of January has expired. Supplies remaining at the end of January total $2,900. By the end of January, $3,275 of services has been provided to customers who paid in advance on January 17. Unpaid salaries at the end of January are $5,730 Part 2 of 7 2. Record the adjusting entries on January 31 for the above transactions. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) points Answer is complete but not entirely correct. General Journal Debit Credit Date No Rent Expense 525 January 31 1 525 Prepaid Rent 2,900 Supplies Expense 2 January 31 2900 Supplies 3,275 January 31 Deferred Revenue 3,275 Service Revenue 5,730 Salaries Expense 4 January 31 5,730 Salaries Payable Next of 11 Mc Graw Hill 11