Journal Entries, Trial Balance, and Financial Statements (Appendix) Peregrin Delivery is incorporated on January 2 and enters into the following transactions during its first month of operations. Required: 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 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. bill. 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 . transactions during the remainder of the month. Jan. 3: Jan, 4: Jan, 6: Jan. 31