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This is all one problem. I rate good, please respond quickly! Thank you so much! 23) On January 1, 2024, the general ledger of Grand
This is all one problem. I rate good, please respond quickly! Thank you so much!
On January 1, 2024, the general ledger of Grand Finale. Fireworks includes the following account bailances: During January 2024, the following transactions occur. January 2 tswe an additionul 2 , 100 thares of 51 par value coenan stork for 42,000 . Jansary 9 Prowide services to custobers on account, 516,700. 3anwary 10 Prirchase additional sapplies on account, 55,600 . Jamuary 12 Purchase 1,000 shares of treasury stock for 528 per thare. 3anuary 15 Pay cash on accounts payable, $17,200. 3anwary 21 P. Provide services to custoners for cash, 540,000 . Jamuary 22 lleceive cash on accounts recelvable, 517,300. Janaary 30 kesel1 noo thaces of treasury stock for $22 per share. Jamuany 31 Pay cash. for salaries durine Jamuary, s42, poep. The following information is avallable on January 31,2024. a. Unpaid utitties for the month of Jansary are $6,900 b. Suppilles at the end of January total \$5,800. c. Depreciation on the equipment for the month of January is calculated using the straight line method At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10700. The following information is avallable on January 31,2024. a. Unpald utilities for the month of January are $6,900 b. Supplies at the end of January total $5,800 c. Depreciation on the equipment for the month of January is calculated using the straight-1line method. At the time the equipment was purchased, the company estimated a service life of three years and a residual value of $10,700. d. Accrued income taxes at the end of January are $2,700. Prepare the journal entiles for transactions. (If no entry is required foc a transactionvevent, select "No Joumal Entry flequired" in the linit) account field.) Journal entry worksheet Record issuance of an additional 2,100 shares of $1 par value common stock for $42,000. Note: Enter debits before credits. 67817 Record issuance of an additional 2,100 shares of $1 par value common stock for $42,000. Note: Enter debits before credits. Journal entry worksheet 45678 Record the services provided to customers on account, $16,700. Note: Enter debits before credits. Journal entry worksheet 567 Record purchase of additional supplies on account, $5,600. Note: Enter debats before credits. Journal entry worksheet Record purchase of 1,000 shares of treasury stock for $20 per share. Note: Enter debits before credits. Journal entry worksheet 23)
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