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part 1.please do the journal entry for each date. and for December 31st. there should be 6 journal entries for December 31st. so in total
part 1.please do the journal entry for each date. and for December 31st. there should be 6 journal entries for December 31st. so in total of 13 journal entries for each date.
part 2. do the general ledger.
part 3. do a trial balance
part 4. do a income statement
part 5. do statement of stock holders equity. for the period ended in December 31st 2021
part 6. do balance sheet for as of January 31st 2021.
please have answers neatly organize and in order
On January 1, 2021, Red Flash Photography had the following balances: Cash, $25,000: Supplies, $9,300; Land, $73,000; Deferred -Revenue. $6,300; Common Stock $63,000; and Retained Earnings, $38,000. During 2021, the company had the following transactions: 1. February 15 Issue additional shares of common stock, $33,000. 2. May 20 Provide services to customers for cash, $48,000, and on account, $43,000. 3. August 31 Pay salaries to employees for work in 2021, $36,000. 4. October 1 Purchase rental space for one year, $25,000. 5. November 17 Purchase supplies on account, $35,000. 6. December 30 Pay dividends, $3,300. The following information is available on December 31, 2021: 1. Employees are owed an additional $5,300 In alarles. 2. Three months of the rental space has expired. 3. Supplies of $6,300 remain on hand. 4. All of the services associated with the beginning deferred revenue have been performed. Requirement General Jouma! General Ledger Trial Balance Income Statement Statement of SE Balance Sheet Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection, Dates: Jan 01 to: Dec 31 Adjusted RED FLASH PHOTOGRAPHY Unadjusted Balance Sheet As of January 31, 2021 Adjusted Post-closing Assets Liabilities Current LiabilitiesStep by Step Solution
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