On January 1, 2021, Red Flash Photography had the following balances: Cash, $23,000; Supplies, $9,100; Land,...

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On January 1, 2021, Red Flash Photography had the following balances: Cash, $23,000; Supplies, $9,100; Land, $71,000; Deferred Revenue, $6,100; Common Stock $61,000; and Retained Earnings, $36,000. During 2021, the company had the following transactions: 1. February 15 2. May 20 Issue additional shares of common stock, $31,000. Provide services to customers for cash, $46,000, and on account, $41,000. Pay salaries to employees for work in 2021, $34,000. 1 Paid for one year's rent in advance, $23,000. Purchase supplies on account, $33,000. 3. August 31 4. October 5. November 17 6. December 30 Pay dividends, $3,100. The following information is available on December 31, 2021: 1. Employees are owed an additional $5,100 in salaries. 2. Three months of the rental space has expired. 3. Supplies of $6,100 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed. General Requirement Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Using the dropdown buttons, select the item that accurately describes the values that either increase or decrea balance indicated. The unadjusted, adjusted, or post-closing balances will appear for each account, based on y selection. Post-closing Balance at January 31 RED FLASH PHOTOGRAPHY Statement of Stockholders' Equity For the Period Ended December 31, 2021 Dates: Jan 01 to: Dec Common Stock Retained Total Stockholders' Earnings Equity $ 0 6,100 6,100 0 0 $ 6,100 $ 0 $ 6,100 < Income Statement Balance Sheet > On January 1, 2021, Red Flash Photography had the following balances: Cash, $23,000; Supplies, $9,100; Land, $71,000; Deferred Revenue, $6,100; Common Stock $61,000; and Retained Earnings, $36,000. During 2021, the company had the following transactions: 1. February 15 2. May 20 Issue additional shares of common stock, $31,000. Provide services to customers for cash, $46,000, and on account, $41,000. Pay salaries to employees for work in 2021, $34,000. 1 Paid for one year's rent in advance, $23,000. Purchase supplies on account, $33,000. 3. August 31 4. October 5. November 17 6. December 30 Pay dividends, $3,100. The following information is available on December 31, 2021: 1. Employees are owed an additional $5,100 in salaries. 2. Three months of the rental space has expired. 3. Supplies of $6,100 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed. General Requirement Journal General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Using the dropdown buttons, select the item that accurately describes the values that either increase or decrea balance indicated. The unadjusted, adjusted, or post-closing balances will appear for each account, based on y selection. Post-closing Balance at January 31 RED FLASH PHOTOGRAPHY Statement of Stockholders' Equity For the Period Ended December 31, 2021 Dates: Jan 01 to: Dec Common Stock Retained Total Stockholders' Earnings Equity $ 0 6,100 6,100 0 0 $ 6,100 $ 0 $ 6,100 < Income Statement Balance Sheet >