general journal entry

Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings Totals Debit $23,900 5,300 3,280 51,000 $ 3,300 66,000 14,100 $83,400 $83,400 During January 2021, the following transactions occur: January 2 Purchase rental space for one year in advance, $6,300 ($525/month). 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. Prey of 9 HE Next > Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It do January 22 Receive cash on accounts receivable, $24,200. January 29 Pay cash on accounts payable, $4,100. 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Re account field.) Answer is not complete. No Date General Journal Debit Credit 1 January 31, 2021 Service Revenue Retained Earnings 2 January 31, 2021 Retained Earnings Salaries Expense > >