Required:

- Balance Sheet accounts' ending balances as of January 31, 2020.

- Balances of the Income Statement accounts for the month ended January 31, 2020.

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2. 5 Party Time Amusements Company owns movie theaters. Party Time engaged in the following business transactions in 2015: January 1 Darrell Palusky invested $350,000 personal cash in the business by depositing that amount in a bank account titled Party Time Amusements. The business gave capital to Palusky. Paid $320,000 cash to purchase a theater building. Borrowed $220,000 from the bank. Palusky signed a note payable to the bank in the name of Party Time. Purchased theater supplies on account, $1,000. Paid $600 on account. 15 Paid property tax expense on theater building. $350. Paid employees' salaries $2,900, and rent on equipment $1,300. Palusky withdrew $8,000 Received $20,000 cash from service revenue and deposited that amount in the bank. 10 15 16 28 30 Party Time Amusements uses the following accounts: Cash Withdrawals Supplies Service Revenue Building Salary Expense Accounts Payable Rent Expense Notes Payable Property Tax expense Darrell Palusky, Capital Required: - Balance Sheet accounts' ending balances as of January 31, 2020. - Balances of the Income Statement accounts for the month ended January 31, 2020. Cash Supplies Building Accounts Payable Notes Payable Darrell Palusky, Capital Withdrawals Service Revenue Salary Expense Rent Expense Property Tax Expense Current Assets Total Liabilities Total Proprietorship