i just need the general journal, income statement, balance sheet, and the analysis
On January 1, 2018, the general ledger of a company includes the following account balances: 2 Credit Debit $ 71,000 41,000 $ 5,000 Skipped 31,000 71,000 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Building Accumulated Depreciation Land recounts Payable Notes Payable (99, due in 3 years) Connon Stock Retained Earnings Totals 11,000 201,000 21,000 34,000 101,000 243,000 $ 415,000 $415,000 The company accounts for all inventory transactions using the perpetual FIFO method. Purchases and sales of inventory are recorded using the gross method for cash discounts. The $31,000 beginning balance of inventory consists of 310 units, each costing $100. During January 2018, the company had the following transactions: During January 2018, the following transactions occur January 2 Lent $21,000 to an employee by accepting 6 note due in six months. Justy Purchased 3.600 units of inventory on account for $468,000 ($130 each) with terme 1/10, 1/30. January 8 Returned 110 defective units of Inventory purchased on January 5. January 15 Sold 3,400 units of inventory on account for $510,000 ($150 each) with terms 2/10, 1/30. January 17 Customers returned 300 units sold on January 15. These unite are placed in inventory to be sold in the January 20 Received cash from customers on accounts receivable. This amount includes $37.000 from 2017 plus amount receivable on sale of 2,800 units sold on January 15. January 21 Wote ott remaining accounts receivable from 2017. JARTY 24 Vaid on accounts payable. The anount includes the anunt ved at the beginning of the period plus the amount oved from purchase of 3,200 units on January 5. January 20 Paid cash for salaries during January, 029,000. January 29 Paid cash for utilities during January, $11,000. Jamry 30 paid dividende, 54,000. future, 2 The following information is available on January 31, 2018. a. Of the remaining accounts receivable, the company estimates that 10% will not be collected. b. Accrued interest income on notes receivable for January C. Accrued interest expense on notes payable for January d. Accrued income taxes at the end of January for $5,100. e. Depreciation on the building, $2,100. Skipped General General Income Trial Balance Balance Sheet Analysis Requirement Journal Ledger Statement Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 - 13) assuming a FIFC inventory system. The transaction on January 30 requires two entries: one to record sales revenue and one to record cost Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. Recom entries on January 31. in the 'General Journal' tab (these are shown as items 14-18). Record the closing entries in the 'Gen tab (these are shown as items 19 and 20). (The company prepares closing entries by closing the appropriate accou to Retained Earnings. If no entry is required for a transaction/event, select "No journal entry required" in the fi field.) View transaction list Journal entry worksheet 2 1 3 4 5 6 7 8 20 > Lent $21,000 to an employee by accepting 6% note due in six months. balances in those accounts from the adjuste Unadjusted 2 Company Multiple-Step Income Statement For the year ended January 31, 2018 Skipped Net sales revenue $ 0 Gross profit 0 0 Total operating expenses Operating income 0 0 0 $ 0 Unadjusted 2 Company Balance Sheet January 31, 2018 Liabilities Current Liabilities: Assets Skloped Current Assets: 0 Total Current stabilities 0 Total Current Assets 0 Total Liabilities Noncurrent Assets Stockholders' Equity 0 Total Stockholders' Equity Total Liabilities & Stockholders' Equity Total Assets $ $ 0
