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 $ 43,000 45,100 7,800 67,000 $ 9,300 14,900 13,000 83,000 42,700 $ 162,900 $162,900 During January 2021, the following transactions occur: January 2 Issue an additional 2,200 shares of $1 par value common stock for $44,000. January 9 Provide services to customers on account, $15,100. January 10 Purchase additional supplies on account, $5,200. January 12 Purchase 1,100 shares of treasury stock for $18 per share. January 15 Pay cash on accounts payable, $16,800. January 21 Provide services to customers for cash, $49,400. January 22 Receive cash on accounts receivable, $16,900. January 29 Declare a cash dividend of $0.40 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 900 shares of treasury stock for $20 per share. January 31 Pay cash for salaries during January, $ 42,300. The following information is available on January 31, 2021. a. Unpaid utilities for the month of January are $6,500. b. Supplies at the end of January total $5,400. c. Depreciation on the equipment for the month of January is calculated using the straightline method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10,300. d. Accrued income taxes at the end of January are $2,300. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet | Analysis If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet