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Hello, Help me fix all the answers in the Red!! More specifically the numerical values but the titles too. Answer is not complete. Prepare the
Hello, Help me fix all the answers in the Red!! More specifically the numerical values but the titles too. Answer is not complete. Prepare the journal entries for transactions. If no entry is required for a particular transaction/event, select "No journal entrn required" in the first account feld. GL2-11 Complete the accounting cycle On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: During January 2021, the following transactions occur: January 2 Purchase rental space for one year in advance, $6,980 (\$575onth). January 9 Purchase additional supplies on account, $3,808. January 13 Provide services to customers on account, $25,800. January 17 Receive cash in advance from customers for services to be provided in the future, $4, eeg. January 20 pay cash for salaries, $11,800. January 22 Receive cash on accounts receivable, $24,400. January 29 pay cash on accounts payable, $4,300. The following information is available on January 31. - Rent for the month of January has expired. - Supplies remaining at the end of January total $3,100. - By the end of January, $3,425 of services has been provided to customers who paid in advance on January 17. - Unpaid salaries at the end of January are $5,590. \begin{tabular}{|c|c|c|c|c|c|} \hline & & Accounts Recoivable & 0 & & 24,4000 \\ \hline 7 & Jan29 & Accounts Payable & 0 & 4300 & \\ \hline & & Cash & 0 & & 4,3000 \\ \hline &. & & & & \\ \hline 8 & Jan31 & Bad Debt Expense & & 5750 & \\ \hline & & Prepaid Rent & 0 & & 5750 \\ \hline & & & & & \\ \hline 9 & Jan31 & Supples Expense & & 300 & \\ \hline & & Supplies & 0 & 2 & 300 \\ \hline & & + & 7 & & \\ \hline 10 & Jan31 & Service Revenue & & 3,425 & \\ \hline & & Allowance for Uncollectible Accounts & ( & & 3,4250 \\ \hline & & & 10 & & \\ \hline 11 & Jan31 & Salaries Expense & 0 & 5,5900 & \\ \hline & & Salaries Payable & 0 & & 5,5900 \\ \hline & & & & & +2 \\ \hline 12 & Jan31 & Service Revenue & 0 & 25,800 & +2 \\ \hline 2= & 3= & Allowance for Uncollectible Accounts & & & 3,425 \\ \hline & & & & & \\ \hline 13 & Jan31 & Rent Expense & & 575 & \\ \hline & +2 & Supplies Expense & (2) & & \\ \hline & & Salaries Expenso & 0 & 17,390 & 18 \\ \hline \end{tabular}
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