in addition to the above accounts VGC's chart of accounts includes the following Service Revenue Salaries and Wages Expense.

Advertising Expense, and Utilities Experise.

The January transactions are shown below.

Received $57,750 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020 b. Purchased 10 new computer servers for $41,500 on 1/2, paid $11,500 cash and signed a three-year note for the remainder owed c Paid $14,300 for an internet advertisement run on 1/3 d On January 4, purchased and received 55.300 of supples on account

e Received $150,000 cash on 1/5 from customers for service revenue eamed in January

On January 6, paid $5,300 cash for supplies purchased on January 4 9. On January 7, sold 19.900 subscriptions at $13 each for services provided during Banuary Hall was collected in cash and half was

sold on account

Paid $380 000 in wages to employees on 130 for work done in January On January 31 received an electric and gas utility bill for $6,260 for aboary utility services. The bill will be paid in February