Required Information On January 1, 2021, the general ledger of Dynamite Fireworks Includes the following account balances Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Comon stock Retained Earnings Totals Debit $ 25,460 6,299 4,709 66,60 81,600 17,199 $192,900 $102,999 During January 2021, the following transactions occur: January 2 Purchase rental space for one year in advance, $19,220 ($900/month). January 9 Purchase additional supplies on account, $5,100. January 13 Provide services to customers on account, $27,100. January 17 Receive cash in advance from customers for services to be provided in the future, $5,300. January 20 Pay cash for salaries, $13,100. January 22 Receive cash on accounts receivable, $25,700. January 29 Pay cash on accounts payable, $5,699. 3. Prepare an adjusted trial balance as of January 31, 2021. DYNAMITE FIREWORKS Adjusted Trial Balance January 31, 2021 Debit Accounts Credit Totals $ 0 $ 0 4. Prepare an income statement for the period ended January 31, 2021. DYNAMITE FIREWORKS Income Statement For the year ended January 31, 2021 Revenues Expenses Total Expenses 5. Prepare a classified balance sheet as of January 31, 2021. DYNAMITE FIREWORKS Balance Sheet January 31, 2021 34 2024 Assets Liabilities Current assets: Current liabilities: Total current liabilities Stockholder's Equity 0 Total current assets Long-term assets: Total stockholders equity Total liabilities and stockholders equity Total assets $ 0 $ 0