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On January 1, 2024, the general ledger of Grand Finale Fireworks includes the following account balances: Uuring January 2024 , the following transactions occur; January 2 Issue an additional 2,100 shares of $1 par value common stock for $42,000. January 9 Provide services to customers on account, $17,200. January 10 Purchase additional supplies on account, $6,100. January 12 Purchase 1,400 shares of treasury stock for $18 per share. January 15 Pay cash on accounts payable, $17,700. January 21 Provide services to customers for cash, $50,3e0. January 22 Receive cash on accounts receivable, $17,800. January 29 Declare a cash dividend of $0,40 per share to all shares outstanding on January 29. The dividend is payable dividends are. (Wint: Grand Finale Fireworks had 12, 00e shares outstanding on January 1,2024 , and dividends are not paid on treasury stock.) January 30 Resetl 400 shares of treasury stock for $20 per share. The following information is available on January 31,2024. a. Unpaid utilities for the month of January are $7,400 b. Supplies at the end of January total $6,300 c. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $11,200. d. Accrued income taxes at the end of January are $2.300. Prepare the journal entries for transactions. (If no entry is required for a transactionvevent, select "No Journai Entry Required" in the first account field.) Each joumal entry is posted automatically to the general ledger. The unadjusted, adjusted, or post-ciosing balances will appear for each account, based on your selection. Notice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The option you choose will be the values used to populate the income statement and balance sheet tabs. Prepare a multiple-step income statement for the period ended January 31, 2024. Choose the appropriate accounts to complete the company's income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Prepare a classified balance sheet as of January 31, 2024. Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your sclection. a. Unpaid utilities for the month of January are $7,400. b. Supplies at the end of January total $6,300. c. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $11,200. d. Accrued income taxes at the end of January are $2,300. Using the information from the requirements above, complete the 'Analysis' tab. (Enter your return on equity value to one decimal place and earnings per share value to 2 decimal places.) Analyze the following for Grand Finale Firework: (a) Calculate the return on equity for the month of January, If the avorase mhum n..... more or less nomfitubis th...... On January 1, 2024, the general ledger of Grand Finale Fireworks includes the following account balances: Uuring January 2024 , the following transactions occur; January 2 Issue an additional 2,100 shares of $1 par value common stock for $42,000. January 9 Provide services to customers on account, $17,200. January 10 Purchase additional supplies on account, $6,100. January 12 Purchase 1,400 shares of treasury stock for $18 per share. January 15 Pay cash on accounts payable, $17,700. January 21 Provide services to customers for cash, $50,3e0. January 22 Receive cash on accounts receivable, $17,800. January 29 Declare a cash dividend of $0,40 per share to all shares outstanding on January 29. The dividend is payable dividends are. (Wint: Grand Finale Fireworks had 12, 00e shares outstanding on January 1,2024 , and dividends are not paid on treasury stock.) January 30 Resetl 400 shares of treasury stock for $20 per share. The following information is available on January 31,2024. a. Unpaid utilities for the month of January are $7,400 b. Supplies at the end of January total $6,300 c. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $11,200. d. Accrued income taxes at the end of January are $2.300. Prepare the journal entries for transactions. (If no entry is required for a transactionvevent, select "No Journai Entry Required" in the first account field.) Each joumal entry is posted automatically to the general ledger. The unadjusted, adjusted, or post-ciosing balances will appear for each account, based on your selection. Notice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The option you choose will be the values used to populate the income statement and balance sheet tabs. Prepare a multiple-step income statement for the period ended January 31, 2024. Choose the appropriate accounts to complete the company's income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Prepare a classified balance sheet as of January 31, 2024. Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your sclection. a. Unpaid utilities for the month of January are $7,400. b. Supplies at the end of January total $6,300. c. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $11,200. d. Accrued income taxes at the end of January are $2,300. Using the information from the requirements above, complete the 'Analysis' tab. (Enter your return on equity value to one decimal place and earnings per share value to 2 decimal places.) Analyze the following for Grand Finale Firework: (a) Calculate the return on equity for the month of January, If the avorase mhum n..... more or less nomfitubis th