O Record transactions and prepare adjusting entries, adjusted trial balance, financial state nuary 1, 2021, Red Flash Photography had the following balances: Cash $13,000 Supplies, $8,100; Land $81000, Defe ue, $5,100; Common Stock $51,000; and Retained Earnings, $26,000. During 2021, the company had the following tran: bruary 15 Issue additional shares of common stock, $21,800. 20 Provide services to customers for cash, $36,000, and on account, $31,000. Pay salaries to employees for work in 2021, $24,000. tober Paid for one year's rent in advance, $13,000. vember Purchase supplies on account, $23,000. cember Pay dividends, $2,100. gust Following information is available on December 31, 2021: mployees are owed an additional $4,100 in salaries. nths of the rental space has expired. in on hand. inning deferred revenue have been performed Record transactions and prepare adjusting entries, adjusted sabores, fin 202 Fashion treningaars Sea ES500. Common Streaming 2000 Dress SE Den ES SE IS OTSEITEIT GL2-10 Record transactions and prepare adjusting entries, adjusted trial balance, financi and On January 1, 2021, Red Flash Photography had the following balances: Cash, $13,000; Supplies, $8,100; Land, $61, Revenue, $5,100; Common Stock $51,000; and Retained Earnings, $26,000. During 2021, the company had the follo eBook 1. February 15 Issue additional shares of common stock, $21,000. 2. May 20 Provide services to customers for cash, $36,000, and on account, $31, 000. 3. August 31 Pay salaries to employees for work in 2021, $24,000. 4. October 1 Paid for one year's rent in advance, $13,000. 5. November 17 Purchase supplies on account, $23,000. 6. December 30 Pay dividends, $2,100. ASK The following information is available on December 31, 2021: 1. Employees are owed an additional $4,100 in salaries. 2. Three months of the rental space has expired 3. Supplies of $5,100 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed. References Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet 1. Record each of the transactions listed supplies on account, $23,000. 30 Pay dividends, $2,100. ng information is available on December 31, 2021: es are owed an additional $4,100 in salaries. onths of the rental space has expired. of $5,100 remain on hand. e services associated with the beginning deferred revenue have been performed. ment General Journal General Ledger Trial Balance Income Statement Statement of Balance Sheet SE ord each of the transactions listed above in the 'General Journal tab. Review the 'General Ledger' and the e tabs to see the effect of the transactions on the account balances. ord the adjusting entries in the 'General Journal' tab. iew the adjusted 'Trial Balance' as of December 31, 2021. pare an income statement for the year ended December 31, 2021, in the 'Income Statement' tab. epare the statement of Stockholder's Equity for the year ended December 31, 2021, in the 'Income Statemer epare a classified balance sheet as of December 31, 2021 in the 'Balance Sheet' tab. cord the closing entries in the 'General Journal' tab. $5,100; Common Stock $51,000; and Retained Earnings, $26,000. During 2021, the company had th Land February 15 Issue additional shares of common stock, $21,000. lay 20 Provide services to customers for cash, $36,000, and on account, $31,000. August 31 Pay salaries to employees for work in 2021, $24,000. October 1 Paid for one year's rent in advance, $13,000. November 17 Purchase supplies on account, $23,000. December 30 Pay dividends, $2,100. he following information is available on December 31, 2021: Employees are owed an additional $4,100 in salaries. Three months of the rental space has expired. Supplies of $5,100 remain on hand. . All of the services associated with the beginning deferred revenue have been performed. Requirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet 1. Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger and the Trial Balance tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal tab. 3. Review the adjusted 'Trial Balance' as of December 31, 2021. 4. Prepare an income statement for the year ended December 31, 2021, in the 'Income Statement' tab. 5. Prepare the statement of Stockholder's Equity for the year ended December 31, 2021, in the 'Income Statement' tab. 6. Prepare a classified balance sheet as of December 31, 2021 in the Balance Sheet' tab. 7. Record the closing entries in the rang transactions and prepare adjusting entries, adjusted trial balance, financ 1, 2021, Red Flash Photography had the following balances: Cash, $13,000; Supplies, $8,100; Land, $61, 55,100; Common Stock $51,000; and Retained Earnings, $26,000. During 2021, the company had the folle y 15 Issue additional shares of common stock, $21,000. 20 Provide services to customers for cash, $36,000, and on account, $31,000. 31 Pay salaries to employees for work in 2021, $24,000. Paid for one year's rent in advance, $13,000. er 17 Purchase supplies on account, $23,000. er 30 Pay dividends, $2,100. ving information is available on December 31, 2021: ees are owed an additional $4,100 in salaries. months of the rental space has expired. es of $5,100 remain on hand. ne services associated with the beginning deferred revenue have been performed. ement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Record transactions and prepare adjusting entries, adjusted trial balance, financial statem ary 1, 2021, Red Flash Photography had the following balances: Cash, $13,000; Supplies, $8,100; Land, $61,000; Deferre e, $5,100; Common Stock $51,000; and Retained Earnings, $26,000. During 2021, the company had the following transa Fuary 15 Issue additional shares of common stock, $21,000. 20 Provide services to customers for cash, $36,000, and on account, $31,000. ust 31 Pay salaries to employees for work in 2021, $24,000. 1 Paid for one year's rent in advance, $13,000. ember 17 Purchase supplies on account, $23,000. ember 30 Pay dividends, $2,100. ber Sllowing information is available on December 31, 2021: ployees are owed an additional $4,100 in salaries. ee months of the rental space has expired. pplies of $5,100 remain on hand. of the services associated with the beginning deferred revenue have been performed. equirement General Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet . Record each of the transactions listed above in the General Journal" tab. Review the General Ledger and the Trial Balance' tabs to see the effect of the transactions on the account balances. Paard