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PLease help me with the entirety of the General Journal Worksheets 1-14 being the transactions and accounts, 15-17 being the closing entries! thank you!! Check
PLease help me with the entirety of the General Journal Worksheets 1-14 being the transactions and accounts, 15-17 being the closing entries!
thank you!!
Check my we 1 on January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: 100 points Equipment Accounts Cash Accounts Receivable Supplies Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Earnings Totals Debit Credit $ 44,400 47,900 9,200 81, eee $ 10,700 16,300 17,000 97,eee 41,500 $182,500 $182,500 eBook Print uring January 2021, the following transactions occur: References anuary anuary 2 Issue an additional 2,100 shares of $1 par value common stock for $42,000. 9 Provide services to customers on account, $19,300. anuary 10 Purchase additional supplies on account, $6,600. anuary 12 Purchase 1,200 shares of treasury stock for $20 per share. anuary 15 Pay cash on accounts payable, $18,200. anuary 21 Provide services to customers for cash, $50,800. anuary 22 Receive cash on accounts receivable, $18,300. anuary 29 Declare cash dividend of $0.20 per share to all shares outstanding on January 29. The dividend is payable on February 15. (Hint: Grand Finale Fireworks had 17,000 shares outstanding on January 1, 2021, and dividends are not paid on treasury stock.) anuary 30 Resell 500 shares of treasury stock for $22 per share. anuary 31 Pay cash for salaries during January, $43,700. he following information is available on January 31, 2021. 1. Unpaid utilities for the month of January are $7,900. Supplies at the end of January total $6,800. .. 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 $11,700. 1. Accrued income taxes at the end of January are $2,800. 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 Record issuance of an additional 2,100 shares of $1 par value common stock for $42,000. Journal entry worksheet Record the closing entry for revenue. Note: Enter debits before credits. Date Account Title Debit Credit Jan 31 Record entry Clear entry View general journal Journal entry worksheetStep by Step Solution
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