Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of \$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 following transactions occurred during the January month: a. Received $57,500 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 $42,800 on 1/2; paid $16,400 cash and signed a three-year note for the remainder owed. c. Paid $15,300 for an Internet advertisement run on 1/3. d. On January 4, purchased and recelved $3,250 of supplies on account. e. Received $205,000 cash on 1/5 from customers for service revenue earned in January. f. On January 6 , paid $3,250 cash for supplies purchased on January 4. g. On January 7 , sold 17,300 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. 1. On January 31 , received an electric and gas utility bill for $6,300 for January utility services. The bill will be paid in February. 3. Enter the beginning balances shown above in the following T-accounts and post the journal entries. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Salaries and Wages Expense } \\ \hline \multicolumn{2}{|c|}{ Debit } & \multicolumn{1}{|c|}{ Credit } \\ \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & & \\ \hline \multicolumn{2}{|c|}{ Debit } & & \\ \hline Beginning Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Advertising Exponso } \\ \hline Debit & & \multicolumn{1}{|c|}{ Crodit } \\ \hline Begining Balance & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending Balance & & \\ \hline & & \\ \hline \end{tabular}