On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Accounts Cash Credit Debit $24,400 Accounts Receivable 5,800 Supplies 3,700 5 Land 56,000 Accounts Payable $ 3,800 Common Stock 71,000 Retained K Earnings 15,100 Totals t $89,900 $89,900 ence During January 2021, the following transactions occur: January 2 Purchase rental space for one year in advance, $7,800 ($650/month). January 9 Purchase additional supplies on account, $4,100. January 13 Provide services to customers on account, $26,100. January 17 Receive cash in advance from customers for services to be provided in the future, $4,300. January 20 Pay cash for salaries, $12,100. January 22 Receive cash on accounts receivable, $24,700. January 29 Pay cash on accounts payable, $4,600. The following information is available on January 31. . Rent for the month of January has expired. Supplies remaining at the end of January total $3,400. By the end of January, $3,650 of services has been provided to customers who paid in advance on January 17. Unpaid salaries at the end of January are $5,380. Require... General General Journal Ledger Trial Income Balance Balance Statem... Sheet Analysis 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1-7). 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 (these are shown as items 8- 11). 3. Review the adjusted 'Trial Balance' as of January 31, 2021. 4. Prepare an income statement for the period ended January 31, 2021, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of January 31, 2021 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 12 and 13). 7. Using the information from the requirements above, complete the 'Analysis' tab. Ce January 17 Receive cash in advance from customers for services to be provide future, $4,300. January 20 Pay cash for salaries, $12,100. January 22 Receive cash on accounts receivable, $24,700. January 29 Pay cash on accounts payable, $4,600. The following information is available on January 31. Rent for the month of January has expired. Supplies remaining at the end of January total $3,400. By the end of January, $3,650 of services has been provided to customers who paid in advance on Janu Unpaid salaries at the end of January are $5,380. Require... Journal General General Trial Income Balance Ledger Balance Statem... Sheet Analysis Prepare the journal entries for transactions. If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 13 Record the purchase of rental space for one year in advance, $7,800 ($650/month). Note: Enter debits before credits. Date Jan 02 Account Title Debit Credit Record entry View general journal Clear entry < Requirement General Ledger >