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On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances Credit Accounts Debit Cash Accounts Receivable 25,400 6,800 4,700 66,000

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On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances Credit Accounts Debit Cash Accounts Receivable 25,400 6,800 4,700 66,000 Supplies Land $ 4,800 81,000 17,100 Accounts Payable Common Stock Retained Earnings $102,900 102,900 Totals During January 2021, the following transactions occur: January 2 Purchase rental space for one year in advance, $10,800 ($900/month) January 9 Purchase additional supplies on account, $5,100 January 13 Provide services to customers on account, $27,100. January 17 Receive cash in advance from customers for services to be provided in the future, $5,300. January 20 Pay cash for salaries, $13,100. January 22 Receive cash on accounts receivable, $25,700. January 29 Pay cash on accounts payable, $5,600. Rent for the month of January has expired Supplies remaining at the end of January total $4,400 By the end of January, $4,400 of services has been provided to customers who paid in advance on January 17 Unpaid salaries at the end of January are $4,680 Debit Credit No Date General Journal January 31 0 2January 31 0 3January 31 0 4January 31

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