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Please i need the general jorunal, income statement, balance sheet and analysis. Thank you so much On January 1, 2018, the general ledger of Grand

image text in transcribed Please i need the general jorunal, income statement, balance sheet and analysis. Thank you so much
image text in transcribed
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the following account balances: Debit Credit Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Common Stock, $1 par value Additional Paid-in Capital Retained Eamings S 44,100 47,300 8,900 78,000 $ 10,400 16,000 14,000 94,000 43,900 Totals $178,300 $178,300 During January 2018, the following transactions occur January 2 Issue an additional 2,000 shares of $1 par value common stock for $40,000 January 9 Provide services to customers on account, $18,200. January 10 Purchase additional supplies on account, $6,300 January 12 Repurchase 1,100 shares of treasury stock for $21 per share January 15 Pay cash on accounts payable, $17,900 January 21 Provide services to customers for cash, $50,500 January 22 Receive cash on accounts receivable, $18,000. January 29 Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February 15 (Hint: Grand Finale Fireworks had 14,000 shares outstanding on January 1, 2018 and dividends are not paid on treasury stock.) January 30 Reissue 800 shares of treasury stock for $23 per share. January 31 Pay cash for salaries during January, $43,400. The following information is available on January 31, 2018. a. Unpaid utilities for the month of January are $7,600 Supplies at the end of January total $6,500. c. Depreciation on the equipment for the month of January is calculated using the straight -line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $11,400 d. Accrued income taxes at the end of January are $2,500

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