Create a general journal, general ledger, trial balance, income statement, statement of retained earnings, balance sheet, and analysis.

Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $10. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Buildings Land Accounts Payable Deferred Revenue Notes Payable (due 2025) Common Stock Retained Earnings $ 2,360,000 152,000 19,100 948,000 506,000 1,920,000 109,000 152,000 80,000 2,200,000 3,364,100 In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The January transactions are shown below: a. Received $52,250 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020. b. Purchased 10 new computer servers for $41,900 on 1/2; paid $12,000 cash and signed a three-year note for the remainder owed. c. Paid $15,600 for an Internet advertisement run on 1/3. d. On January 4, purchased and received $5,100 of supplies on account. e. Received $235,000 cash on 1/5 from customers for service revenue earned in January. f. Paid $5,100 cash to a supplier on January 6. g. On January 7, sold 10,100 subscriptions at $10 each for services provided during January. Half was collected in cash and half was sold on account. h. Paid $310,000 in wages to employees on 1/30 for work done in January. i. On January 31, received an electric and gas utility bill for $5,900 for January utility services. The bill will be paid in February. Requirement General Journal General Ledger Trial Balance Income Statement Stmt of Retained Earnings Balance Sheet Analysis General Journal tab - Prepare the journal entries to record the transactions (a) through (i). Review the accounts as shown in the General Ledger and Trial Balance tabs. General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Income Statement tab - Use the drop-down to select the accounts properly included on the income statement. Statement of Retained Earnings tab - Prepare the statement of retained earnings for the month ended January 31, 2021