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HELP PLEASE!!! Un January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated

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Un January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 43,200 45,500 8,000 69,000 $ 9,500 15,100 15,000 85,000 41,100 $165,700 $165,700 During January 2021, the following transactions occur: January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000. January 9 Provide services to customers on account, $15,600. January 10 Purchase additional supplies on account, $5,400. January 12 Purchase 1,200 shares of treasury stock for $17 per share. January 15 Pay cash on accounts payable, $17,000. January 21 Provide services to customers for cash, $49,600. January 22 Receive cash on accounts receivable, $17 January 29 Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 15,000 shares outstanding on January 1, 2021, and dividends are not paid on treasury stock.) January 30 Resell 800 shares of treasury stock for $19 per share. January 31 Pay cash for salaries during January, $42,500. The following information is available on January 31, 2021. a. Unpaid utilities for the month of January are $6,700. b. Supplies at the end of January total $5,600. c. Depreciation on the equipment for the month of January is calculated using the straightline method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10,500. d. Accrued income taxes at the end of January are $2,500. View transaction list Journal entry worksheet Record the closing entry for revenue. Note: Enter debits before credits. Debit Credit Date Jan 31 Account Title Service Revenue Retained Earnings Record entry Clear entry View general journal Journal entry worksheet 17. > Record the closing entry for expenses. Note: Enter debits before credits. Account Title Debit Credit Date Jan 31 Record entry Clear entry View general journal Journal entry worksheet Record the closing entry for dividends. Note: Enter debits before credits. Date Account Title Debit Credit Jan 31 Record entry Clear entry View general journal

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