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On January 1, 2021, the general ledger of Freedom Fireworks includes the following account balances: Accounts Debit Credit Cash $ 42,700 Accounts Receivable 44,500 Supplies

On January 1, 2021, the general ledger of Freedom Fireworks includes the following account balances:

Accounts Debit Credit
Cash $ 42,700
Accounts Receivable 44,500
Supplies 7,500
Equipment 64,000
Accumulated Depreciation $ 9,000
Accounts Payable 14,600
Common Stock, $1 par value 10,000
Paid-in Capital-Excess of Par 80,000
Retained Earnings 45,100
Totals $ 158,700 $ 158,700

During January 2021, the following transactions occur:

January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000.
January 9 Provide services to customers on account, $14,300.
January 10 Purchase additional supplies on account, $4,900.
January 12 Repurchase 1,000 shares of treasury stock for $18 per share.
January 15 Pay cash on accounts payable, $16,500.
January 21 Provide services to customers for cash, $49,100.
January 22 Receive cash on accounts receivable, $16,600.
January 29 Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February 15.
(Hint: Freedom Fireworks had 10,000 shares outstanding on January 1, 2021, and dividends are not paid on treasury stock.)
January 30 Reissue 600 shares of treasury stock for $20 per share.
January 31 Pay cash for salaries during January, $42,000.

The following information is available on January 31, 2021.

  1. Unpaid utilities for the month of January are $6,200.
  2. Supplies at the end of January total $5,100.
  3. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10,000.
  4. Accrued income taxes at the end of January are $2,000.

I need the general Journal, General Ledger, Trial Balance, Income Statement, and Balance Sheet

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