Question
on january 1 2021 red flash photography had the following balances cash 15000 supplies 8300 land 63000 deferred revenue 5300 common stock $53000 and retained
on january 1 2021 red flash photography had the following balances cash 15000 supplies 8300 land 63000 deferred revenue 5300 common stock $53000 and retained earning. $28000 during 2021 the company had the following the following transactions
1. Feb 15 issue additional shares of common stock $23000.
2. May 20 provide services to customers for cash $38000 and on account $33000
3. August 31 pay salaries to employees for work in 2021, $26000.
4. Oct 1 purchase rental space for 1year $15000.
5. Nov 17 purchase supplies on account 25000.
6. Dec 30 pay dividends $2300
He following information is available on Dec 31, 2021:
1. Employees are owed an additional $4300 in salaries
2. 3 months of the rental space has expired.
3. Supplies of $5300 remain on hand .
4. All of the services associated with the beginning deferred revenue have been performed.
Put the correct information into
1. General journal
2. general ledger,
3. trial balance,
4. income statement,
5. statement of SE
6. Balance sheet
Thank you
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