Required:

1. Prepare journal entries on the books of Red Robin Messenger Service to record the transactions entered into during the month. How does this entry affect the accounting equation?

Indicate the effect on financial statement items by selecting " " for decrease (or negative effect), "+* for increase (or positive effect) and "NE" for No Entry (or no effect) on the financial statement.

January 2: Filed articles of incorporation with the state and issued 100,000 shares of capital stock. Cash of $100,000 is received from the new owners for the shares.

Neuelred. 2. Prepare a trial balance at January 31 . If an amount box does not require an entry, leave it blank. 3. Prepare an income statement for the month of January 31. Red Robin Messenger Service Income Statement 4. Prepare a classified balance sheet at January 31. 3. Prepare an income statement for the month of lanuary 31 . Red Robin Messenger Service Inceme Statement 4. Presare a dassified balance sheet at. Zanuary 31. Neuelred. 2. Prepare a trial balance at January 31 . If an amount box does not require an entry, leave it blank. 3. Prepare an income statement for the month of January 31. Red Robin Messenger Service Income Statement 4. Prepare a classified balance sheet at January 31. 3. Prepare an income statement for the month of lanuary 31 . Red Robin Messenger Service Inceme Statement 4. Presare a dassified balance sheet at. Zanuary 31