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Please answer A-i as journal entries Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $14. At the

image text in transcribedimage text in transcribedPlease answer A-i as journal entries

Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $14. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The January transactions are shown below: In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The January transactions are shown below: a. Received $54,500 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020 . b. Purchased 10 new computer servers for $42,000 on 1/2; paid $19,200 cash and signed a three-year note for the remainder owed. c. Paid $16,800 for an Internet advertisement run on 1/3. d. On January 4 , purchased and received $4,600 of supplies on account. e. Received $195,000 cash on 1/5 from customers for service revenue earned in January. f. On January 6 , paid $4,600 cash for supplies purchased on January 4. g. On January 7 , sold 14,400 subscriptions at $14 each for services provided during January. Half was collected in cash and half was sold on account. h. Paid $371,000 in wages to employees on 1/30 for work done in January. i. On January 31, received an electric and gas utility bill for $6,170 for January utility services. The bill will be paid in February

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