On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances:
I need help please!
ive Problem Selleck: PrixCh 10 Comprehensi c O Nor Secure ?-0.9548314908386484 1524666297477 On January 1,2018, the general ledger of Grand Finale Fireworks includes the following account balances: 43,700 8,500 74,000 Supplies Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Eamings 10,000 15,600 10,000 90,000 47.100 Totals $172,700 $172,700 During January 2018, the following transactions occur January 2 Issue an additional 2,200 shares of $1 par value common stock for $44,000 January 9 Provide services to customers on account, $16,600 January 10 Purchase additional supplies on account, $5,900 January 12 Repurchase 1,200 shares of treasury stock for $24 per share. January 15 Pay cash on accounts payable, $17,500 January 21 Provide services to customers for cash, $50,100. January 22 Receive cash on accounts receivable, $17,600 January 29 Declare a cash dividend of $0.20 per share to all shares outstanding on January 29. The dividend is payable on February 15 Hint: Grand Finale Fireworks had 10.000 shares outstanding on January 1, 2018 and dividends are not paid on treasury stock.) Reissue 600 shares of treasury stock for $26 per share. Pay cash for salaries during January,$43,000. January 30 January 31 The following information is available on January 31, 2018. a. Unpaid utilities for the month of January are $7,200 b. Supplies at the end of January total $6,100 c. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the e value of $11,000 d. Accrued income taxes at the end of January are $2,100. General GeneralTrial Balance Statement Requirement General Statement Balance Sheet Analysis Journal Choose the appropriate accounts to complete the company's income statement. Select 'adjusted' from the drop will then populate the balances in those accounts from the adjusted trial balance. Post-closing MacBook Air