ezto.mheducation.com Canies Glendale Community College Chapter 3-Homework t Student Registration formation Winter 21pdt ACCTG tot-Financial Accounting Question 29 Chapter 3-Hanesork - Connect Saved Help Save & Exit Submit Check my work 29 During January 2021, the following transactions occur Part 4 of 7 points Pri January 2 Purchase rental space for one year in advance, $7,500 ($425/month). January 9 Purchase additional supplies on account, $4,000. January 13 Provide services to customers on account, $26,000. January 17 Receive cash in advance from evatoners for services to be provided in the future, $4,200. January 20 Pay cash for salaries, $12,000. January 22 Receive cash on accounts receivable, $24,600. January 29 Pay cash on accounts payable, $4,500. 4. Prepare an income statement for the period ended January 31, 2021. Revenues DYNAMITE FIREWORKS Income Statement For the year ended January 31, 2021 Expenses Rent Expense Salaries Expense $ 625 Total Expenses 625