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Vanishing Games Corporation (VG operates a massively multiplayer online game, charging players a monthly subscription of $13. At the start of January 2021. Vincome statement

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Vanishing Games Corporation (VG operates a massively multiplayer online game, charging players a monthly subscription of $13. At the start of January 2021. Vincome statement accounts had zero balances and its balance sheet account balances were as follows Cach $1,600,000 As Receivable 114.000 Supplies 15,100 point 30.000 Bu 110, Land 2,050, Acts Payable 111,00 Deferred even Notes Payable (2005) 9. C Stock 2.500,00 tained farning In addition to the above accounts, VGCS chart of accounts includes the following Service Revenue, Saries and Wages Expense Advertising Expense, and Utilities Expense The January transactions are shown below Recewed 57750 cash from customers on 11 for subscriptions that had already been earned and charged on account in 2020 Purchased 10 new computer servers for $41500 on 12. paid 511.500 coth and signed a three year note for the remainder owed c Paid 514 300 for an internet advertisement run on 13 d on January 4 purchased and received 55 300 of supplies on account Received $150.000 cash on 15 from customers for service revenue tamed in January Y on January 6, paid $5,300 cash for suppies purchased on Januay 4 9 on January 7, sold 19.900 subscriptions at $13 each for services provided during Janoary Half was collected in cash and half was sold on account Paid 5380.000 in wages to employees on 30 for work done in January On January 31, received an electric and gas utility bill for $6.260 for January try services. The bel wil be paid in February Requirement VENTE eneral Journal Income Trial Balance Ledger Statement Retained Balance Sheet Analysis Earings Use the dropdowns to select the accounts properly included on the classified balance sheet. You will need to determine and enter the balance of the Common Stock and Retained Earnings accounts in the Stockholders' Equity section VANISHING GAMES CORPORATION Balance Sheet At January 31, 2021 0 0 0 O 0 0

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