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Vanishing Games Corporation ( VGC ) operates a massively multiplayer online gam the start of January 2 0 2 4 , VGC ' s income

Vanishing Games Corporation (VGC) operates a massively multiplayer online gam
the start of January 2024, VGC's income statement accounts had zero balances a
follows:
In addition to the above accounts, VGC's chart of accounts includes the following
Advertising Expense, and Utilities Expense.
The January transactions are shown below:
a. Received $50,000 cash from customers on January 1 for subscriptions that had
b. Purchased 10 new computer servers for $33,500 on January 2; paid $10,000 ca
owed.
c. Paid $10,000 for an Internet advertisement run on January 3.
d. On January 4, purchased and received $3,000 of supplies on account.
e. Received $170,000 cash on January 5 from customers for service revenue earn
f. On January 6, paid $3,000 cash for supplies purchased on account on January
g. On January 7, sold 15,000 subscriptions at $15 each for services provided durin
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