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what is the retained earnings and missing information for the balance sheet? will thumbs up Required information [The following information opplies to the questions displayed
what is the retained earnings and missing information for the balance sheet? will thumbs up
Required information [The following information opplies to the questions displayed below] On January 1, 2024, the general ledger of Grand Finale Fireworks includes the following account balances: Duning January 2024, the following transactions occur. Jonvary 2 Issue an additional 2,100 thares of $1 par value comon stock for 442,000 . Janukry 9 Provide services to customers on account, $16,100. January 10 Purchase additional subplites on acceunt, $5, coo, Jenuary 12 Purchase 1,200 shares of treawry stock for $22 per share. January 15 Pay casb on accounts peyable, 317,400 . January 21 Provide services to custoerrs for cash, 550,000. Jahuary 22 Recelve cash on accounts receivable, 517,500. Januacy 29 Declare a cash dividend of so, 40 per share to all shares outstandine on January 29 . The dividend is payabje January 30 Resell 700 shares of trearury stock foe $24 per share. January 31 Pay cash for salaries durine January, $42,963. GRAND FINALE FIREWORKS Classified Balance Sheet January 31, 2024 Step by Step Solution
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