Prepare ledger, pre-closing trial balances, income statement, retained earnings statement, and balance sheet.

Pn Dec 31,2021 , the end of its most recent fiscal year, Very Big Corp. Of America's post-closing trial balance was as follows: The company underwent a major expansion in Jan. New staff was hired and more financing was obtained. Very Big Corp. Of America conducted the following transactions during Jan 2022, and adjusts its accounts monthly. Jan 01 Purchased equipment, paying $6,240 cash and signing a 2-year note payable for $19,960. The equipment has a 4 -year useful life. The note has a 6% interest rate, with interest payable on the first day of each following month. Jan 02 Issued 21,000 shares of common stock for $52,500 cash. Jan 03 Paid $3,900 cash for a 12-month insurance policy effective Jan 01. Jan 10 Collected $1,350 cash on account from Alchemax. This client was billed in December when Very Big Corp. Of America performed the service. Jan 14 Paid $1,550 cash for a utility bill. This was related to December utilities that were accrued at the end of December. Jan 20 Performed services worth $23,200 on account and billed customers. The company underwent a major expansion in Jan. New staff was hired and more financing was obtained. Very Big Corp. Of America conducted the following transactions during Jan 2022, and adjusts its accounts monthly. Jan 01 Purchased equipment, paying $6,240 cash and signing a 2-year note payable for $19,960. The equipment has a 4 -year useful life. The note has a 6% interest rate, with interest payable on the first day of each following month. Jan 02 Issued 21,000 shares of common stock for $52,500 cash. Jan 03 Paid \$3,900 cash for a 12-month insurance policy effective Jan 01. Jan 10 Collected $1,350 cash on account from Alchemax. This client was billed in December when Very Big Corp. Of America performed the service. Jan 14 Paid $1,550 cash for a utility bill. This was related to December utilities that were accrued at the end of December. Jan 20 Performed services worth $23,200 on account and billed customers. Adjustment data: 1. Adjustment of prepaid insurance. 2. Equipment depreciation, $545 per month. 3. Accrual of interest on note payable. 4. Estimated utilities expense for January, \$1,950 (invoice will be received next month). 5. Income tax for January, $4,350 will be paid next month. The chart of accounts for Very Big Corp. Of America contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Prepaid Rent, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Notes Payable, Interest Payable, Income Taxes Payable, Salaries and Wages Payable, Unearned Service Revenue, Common Stock, Retained Earnings, Income Summary, Service Revenue, Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense, Advertising Expense, Income Tax Expense, Interest Expense, Rent Expense, and Utilities Expense. Pn Dec 31,2021 , the end of its most recent fiscal year, Very Big Corp. Of America's post-closing trial balance was as follows: The company underwent a major expansion in Jan. New staff was hired and more financing was obtained. Very Big Corp. Of America conducted the following transactions during Jan 2022, and adjusts its accounts monthly. Jan 01 Purchased equipment, paying $6,240 cash and signing a 2-year note payable for $19,960. The equipment has a 4 -year useful life. The note has a 6% interest rate, with interest payable on the first day of each following month. Jan 02 Issued 21,000 shares of common stock for $52,500 cash. Jan 03 Paid $3,900 cash for a 12-month insurance policy effective Jan 01. Jan 10 Collected $1,350 cash on account from Alchemax. This client was billed in December when Very Big Corp. Of America performed the service. Jan 14 Paid $1,550 cash for a utility bill. This was related to December utilities that were accrued at the end of December. Jan 20 Performed services worth $23,200 on account and billed customers. The company underwent a major expansion in Jan. New staff was hired and more financing was obtained. Very Big Corp. Of America conducted the following transactions during Jan 2022, and adjusts its accounts monthly. Jan 01 Purchased equipment, paying $6,240 cash and signing a 2-year note payable for $19,960. The equipment has a 4 -year useful life. The note has a 6% interest rate, with interest payable on the first day of each following month. Jan 02 Issued 21,000 shares of common stock for $52,500 cash. Jan 03 Paid \$3,900 cash for a 12-month insurance policy effective Jan 01. Jan 10 Collected $1,350 cash on account from Alchemax. This client was billed in December when Very Big Corp. Of America performed the service. Jan 14 Paid $1,550 cash for a utility bill. This was related to December utilities that were accrued at the end of December. Jan 20 Performed services worth $23,200 on account and billed customers. Adjustment data: 1. Adjustment of prepaid insurance. 2. Equipment depreciation, $545 per month. 3. Accrual of interest on note payable. 4. Estimated utilities expense for January, \$1,950 (invoice will be received next month). 5. Income tax for January, $4,350 will be paid next month. The chart of accounts for Very Big Corp. Of America contains the following accounts: Cash, Accounts Receivable, Supplies, Prepaid Insurance, Prepaid Rent, Equipment, Accumulated Depreciation-Equipment, Accounts Payable, Notes Payable, Interest Payable, Income Taxes Payable, Salaries and Wages Payable, Unearned Service Revenue, Common Stock, Retained Earnings, Income Summary, Service Revenue, Supplies Expense, Depreciation Expense, Insurance Expense, Salaries and Wages Expense, Advertising Expense, Income Tax Expense, Interest Expense, Rent Expense, and Utilities Expense