Required information (The following information applies to the questions displayed below) Vanishing Games Corporation (VG) operates a massively multiplayer online game, charging players a monthly subscription of $12. At the start of January 2018, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies pent mailing Meets Payable Deferred Reven Notes Payable (due 2025) Connon stock Retained Tarming $1.590,000 245.000 17.00 922.000 435,000 1.250.000 137.000 140.000 81,000 2.800,000 1,301,800 In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month a. Received $65,250 cash from customers on V1 for subscriptions that had already been earned in 2017 b. Purchased 10 new computer servers for $34,600 on 12. paid $14.400 cash and signed a three-year note for the remainder owed, c. Pald $12,600 for an internet advertisement run on 13. d. On January 4 purchased and received $3,300 of supplies on account. e. Received $215,000 cash on 15 from customers for service revenue eamed in January Paid $3,300 cash to a supplier on January 6. g. On January 7, sold 19,200 subscriptions at $12 each for services provided during January. Half was collected in cash and half was sold on account h. Paid $420,000 in wages to employees on 130 for work done in January, 1 On January 31, received an electric and gas utility bill for $5.250 for Jaguary utility services. The bill will be paid in February 4. Prepare an unadjusted trial balance as of January 31, 2018 VANISHING GAMES CORPORATION Unadjusted Thal Balance Debit Credit Account Name Cash Accounts Receivable Supplies Edement Buildings Accounts Payable Deferred Revenue Notes Payable long-term) Common Stock Retained Earning Service Revenue Salaries and Wages Expense Advertising Expense Udes Expanse Total $ O $ Required information (The following information applies to the questions displayed below) Vanishing Games Corporation (VG) operates a massively multiplayer online game, charging players a monthly subscription of $12. At the start of January 2018, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies pent mailing Meets Payable Deferred Reven Notes Payable (due 2025) Connon stock Retained Tarming $1.590,000 245.000 17.00 922.000 435,000 1.250.000 137.000 140.000 81,000 2.800,000 1,301,800 In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The following transactions occurred during the January month a. Received $65,250 cash from customers on V1 for subscriptions that had already been earned in 2017 b. Purchased 10 new computer servers for $34,600 on 12. paid $14.400 cash and signed a three-year note for the remainder owed, c. Pald $12,600 for an internet advertisement run on 13. d. On January 4 purchased and received $3,300 of supplies on account. e. Received $215,000 cash on 15 from customers for service revenue eamed in January Paid $3,300 cash to a supplier on January 6. g. On January 7, sold 19,200 subscriptions at $12 each for services provided during January. Half was collected in cash and half was sold on account h. Paid $420,000 in wages to employees on 130 for work done in January, 1 On January 31, received an electric and gas utility bill for $5.250 for Jaguary utility services. The bill will be paid in February 4. Prepare an unadjusted trial balance as of January 31, 2018 VANISHING GAMES CORPORATION Unadjusted Thal Balance Debit Credit Account Name Cash Accounts Receivable Supplies Edement Buildings Accounts Payable Deferred Revenue Notes Payable long-term) Common Stock Retained Earning Service Revenue Salaries and Wages Expense Advertising Expense Udes Expanse Total $ O $