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On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances 1 Credit Ant Canh heegunts Receivable Supplies Land hecounts Payable
On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances 1 Credit Ant Canh heegunts Receivable Supplies Land hecounts Payable Common Staet Betained Earnings Totais Debat $24.900 6,200 4,200 61,000 3 $ 4,200 76,000 16,100 $96,400 596,400 During January 2021, the following transactions occur. eBlock January 2 Purchase rental space for one year in advance. $9,500 6775/month) JARREY 9 Purchase additional supplies on account. $4,600 January 18 Provide sevices to customers on aut. $26, EDO January 17 Beceive cash in advance from storm for services to be provided in the toute $4.000 January 20 Pay canh for salaries. $12.600 January 22 Receive cash on accounts receivable, $25,200. JAMEY 29 Pay cash on accounts payable, $5,100. Print References The following information is available on January 31 a. Rent for the month of January has expired. b. Supplies remaining at the end of January total $3,900. c. By the end of January, $4,025 of services has been provided to customers who paid in advance on January 17 d. Unpaid salaries at the end of January are $5,030. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis 1. Record each of the transactions listed above in "General Journal' tab (these are shows items 111 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 Journalite these are shown as items 8-11A 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. General Journal > 1 on January 1, 2021, the general ledger of Dynamite Freworks includes the following account balances CE heet Ca. Mc Merahle Supplies Land A. Payable Cock Tetained in Totals Dell 54,900 6,300 1,200 61.400 U TIES M. Sa 16,000 15 100 8,400 Bied 90,400 During January 2021, the following transactions occur Book im January 3 Phase ale to ne year in 2002 Jamery Piechane additional supplies . $1.00 Juny 1 Provides to use. 00 Ganary 17 lecere easie denne free tot sevi par $1.000 January 20 Par cast for salaries 552.60 January 22 Wece cash on stable $2,300 may 29 Pahat payable $5,00 The following information is available on January 21 References a. Rent for the month of January has expired. b. Supplies remaining at the end of January total $3,900 c. By the end of January, $4,025 of services has been provided to customers who paid in advance on January 17 d Unpaid solares at the end of January are $5,030. Requirement General Journal General Ludger Trial Balance Income Statement Balance Shout Analysis Prepare the journal entries for transactionsIf no entry is required for a partiransaction/ment selections required in the first account field. View traction list Journal entry worksheet 1 2 5 6 2 131 > Record the purchase of rental space for one year in advance. 300 ($775/month Not Enter dalits blue DAF Jan 2 1 On January 1, 2021, the general ledges of Dynamite Fireworks includes the following account balances Anot Retrable Supplies Dahit 94, OD 6,00 4,200 1,000 50 po Aceable but end Taring Total 300 76.900 1.100 se. 400 596400 During January 2021. the following transactions occur elook Phim 2 Purchase al per tornare, 9, 1009/h JATT Purchase and replies uns 5.600 JanuarT 1a Pride services in mes, R.600 Pasy 17 Recei cash in Be Free As Vides te hep the w Jay Paysashflares. $13.00 JETS 2 Receive wah w recevable. $35.200 - Hi-fi B THI da taAAA + 4 +, Lan. The following information is avalable on January 31 a. Rens for the month of January has expired b. Supplies remaining at the end of January total $3.900. c By the end of January 4,025 of services has been provided to customers who paid in advance on January d. Unpad salaries at the end of January are $5,030 Requirement Gal Journal General Ledger Inne Trial Balance Scene Balance Sheet Analysis Prepare an income statement for the period ended January Income Statement to the company's income statement. The unadjusted adjusted, or pengen werd based on your selection Unadjusted Liens even Totalven
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