The following information applies to the questions displayed below.] On January 1, 2018, the general ledger of Dynamite Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	24,700
Accounts Receivable		6,100
Supplies		4,000
Land		59,000
Accounts Payable					4,100
Common Stock					74,000
Retained Earning					15,700
Totals	$	93,800		$	93,800

During January 2018, the following transactions occur: 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, $4,600. 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.

Journal entry worksheet

Purchase rental space for one year in advance, $8,700 ($725/month).

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
January 02