January 31: Cash amounting to $7,490 was received from customers on account during the month. 1. Prepare journal entries on the books of Peregrin Delivery to record the transactions entered into during the month. How does this entry affect the accounting equation? January 2: Filed articles of incorporation with the state and issued 100,000 shares of capital stock. Cash of $100,000 is received from the new owners for the shares. January 4: Signed a three-year promissory note at Third State Bank in the amount of $37,000. January 6: Purchased five new delivery trucks for a total of $45,000 in cash. January 31: Performed services on account that amounted to $15,900 during the month. January 31: Cash amounting to $7,490 was received from customers on account during the month. Date Description 2. Prepare a trial balance at January 31. If an amount box does not require an entry, leave it blank. 3. Prepare an income statement for the month of January 31 . 4. Prepare a classified balance sheet at January 31 . remainder of the month. Jan. 3: Jan. 4: Jan. 6: Jan. 31 : January 31: Cash amounting to $7,490 was received from customers on account during the month. 1. Prepare journal entries on the books of Peregrin Delivery to record the transactions entered into during the month. How does this entry affect the accounting equation? January 2: Filed articles of incorporation with the state and issued 100,000 shares of capital stock. Cash of $100,000 is received from the new owners for the shares. January 4: Signed a three-year promissory note at Third State Bank in the amount of $37,000. January 6: Purchased five new delivery trucks for a total of $45,000 in cash. January 31: Performed services on account that amounted to $15,900 during the month. January 31: Cash amounting to $7,490 was received from customers on account during the month. Date Description 2. Prepare a trial balance at January 31. If an amount box does not require an entry, leave it blank. 3. Prepare an income statement for the month of January 31 . 4. Prepare a classified balance sheet at January 31 . remainder of the month. Jan. 3: Jan. 4: Jan. 6: Jan. 31