Use the dropdowns to select the accounts properly included on the classified balance sheet. You will need to determine and 7 s accounts in the Stockholders' Equity section. Prepare the statement of retained earnings for the month ended January 31, 2018. You will need to determine and enter the accounts and balances to prepare the Statement of Retained Earnings. If there are no dividends, include a line that reports Dividends of zero. Prepare the journal entries to record the transactions (a) through (i). (If no entry is required for a transaction/event, select "No joct nal entry required" in the first account field.) Journal entry worksheet 23456789 Received $70,000 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020. Record the transaction. Note: Enter debits before credits: Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription or \$13. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: 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 January transactions are shown below: a. Received $70,000 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020 . b. Purchased 10 new computer servers for $31,500 on 1/2; paid $16,500 cash and signed a three-year note for the remainder owed c. Paid $16,200 for an Internet advertisement run on 1/3. d. On January 4, purchased and received $3,900 of supplies on account. e. Recelved $190,000 cash on 1/5 from customers for service revenue earned in January. f. On January 6 , paid $3,900 cash for supplies purchased on January 4. g. On January 7 , sold 19,300 subscriptions at $13 each for services provided during January. Half was collected in cash and half was sold on account. h. Paid $400,000 in wages to employees on 1/30 for work done in January. Calculate net profit margin, expressed as a percent. (Round your answer to 1 decimal place.) Net Profit Margin Choose the appropriate accounts to be reported on the income statement. However, you will need to calculate and enter th amount of the net income or loss for the period