journal entries please

aspiring to play college football. The following transactions occurred during the month ended January 31 a. GIPI Issued stock in exchange for $140,000 cash on 1/01. b. GIP purchased a gymnasium building and gym equipment on 102 for $54,000, 80% of which related to the gymnasium and 20% to the equipment CGIPI paid $600 cash on 1/03 to have the gym equipment refurbished before it could be used. d GIPI provided $8,000 in training on 1/04 and expected collection in February e. GIP collected $40,000 cash in training fees on 10. of which $36.000 related to January and $4,000 related to February GIPI paid $26,500 of wages and $7,000 in utilities on 1/30 g. GIPI will depreciate the gymnasium building using the straight-line method over 10 years with a residual value of $4,000. Gym gurpment will be depreciated using the double-declining-balance method, with an estimated residual value of $3.500 at the end of Its four-year useful life. Record depreciation on 1/31 equal to one-twelfth the yearly amount n. GIPI received a bill on 1/31 for $240 for advertising done on 1/31. The bill has not been paid or recorded. GIPI uses the aging method for estimating doubtful accounts and, on 1/31 will record an estimated 3 percent of its under 30 day.old accounts as not collecuble. J. GIPI's income tax rate is 30%. Assume depreciation for tax is the same amount as depreciation for financial reporting purposes. General Journal Requirement General Ledger Statement of Retained Income Statement Tu Balance Balance Sheet Prepare journal entries to record the transactions and adjustments listed in (a)-). Review the accounts as shown in the General Ledger and Trial Balance tabs. (If no entry required for a transaction event, select "No Journal Entry Required in the first account field. Round your final answers to the nearest whole dollar amount) Vlow transaction Journal entry worksheet 2 3 4 5 6 7 10 > GIPI ved stock in exchange for $140.000 cash on 1/01. Record the