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On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances: Accounts Cash Accou

The following information is available on January 31, 2021. a. Unpaid utilities for the month of January are $7,000. b. Suppl

Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis If no entry is required for

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Journal Entries Date Account Title and Explaination Debit Credit Post. Ref. Jan.2 $ 40,000.00 Cash Common Stock (2000 x $1) AJan.15 $ 17,300.00 Accounts Payable Cash |(To record payment of payables) $ 17,300.00 Jan.21 $ 49,900.00 Cash Service Revenue

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