On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock $1 par value Additional Paid in Capital Retained Earnings Totals Debit Credit $ 44,000 47,100 3,800 77.000 $10,300 15,900 13,000 93,000 44.700 $126,900 $176,900 I During January 2021, the following transactions occur January 2 Issue an additional 2,800 shares of $1 par value common stock for $40,000 January 9. Provide services to customer's on account, $17,900. January 10 Purchase additional supplies on account, 56,200. January 12 Purchase 1,000 shares of treasury stock for $20 per share. January 15 Pay cash on accounts payable, $17,800 January 21 Provide services to customers for cash, 550,400 January 22 Receive cash on accounts receivable, 517,900 January 29 Declare a cash dividend of 50.20 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 13,000 shares outstanding on January 1, 2021, and dividends are not paid on treasury stock.) January 30 Resell 600 shares of treasury stock for 522 per share January 31 Pay cash for salaries during January, 343,300 Prov 1 of 1 !!! Next u. Actueu come taxes al een oudly die 2400 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1-10) assuming a FIFO perpetual inventory system. Review the 'General Ledger' and the Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record adjusting entries on January 31, in the 'General Journal' tab (these are shown as items 11-14). 3. Review the adjusted Trial Balance as of January 31, 2021, in the 'Trial Balance' tab. 4. Prepare a multiple-step 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 itens 15-17). 7. Using the information from the requirements above, complete the 'Analysis' tab. hegem General Journal >