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Saved Saved 3 On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Credit Accounts Cash Accounts Receivable Supplies Land
Saved Saved 3 On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings Totals Debit $24,700 6,100 4,000 59,000 ook $ 4,100 74,000 15,700 $93,800 $93,800 int During January 2021, the following transactions occur "ences January 2 Purchase rental space for one year in advance, $8,700 ($725/month). January 9 Purchase additional supplies on account, $4,400. January 13 Provide services to customers on account, $26,400. January 17 Receive cash in advance from customers for services to be provided in the future, 54,600. January 20 Pay cash for salaries, $12,400. January 22 Receive cash on accounts receivable, $25,000. January 29 Pay cash on accounts payable, $4,900. The following information is available on January 31. Rent for the month of January has expired. Supplies remaining at the end of January total $3,700, By the end of January, $3,875 of services has been provided to customers who paid in advance on January 17. Unpaid salaries at the end of January are $5,170. . . Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Prepare the journal entries for transactions. If no entry is required for a particular transaction/event, select "No journal er in the first account field w D
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