General journal for the following. Thank you On January 1, 2018,...

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Accounting

General journal for the following. Thank you image
On January 1, 2018, the general ledger of Grand Finale Fireworks includes the tollowing account balances Cash Accounts Receivable Supplies S 43,600 46,300 8,400 73,000 Accumulated Depreciation Accounts Payable Common Stock, $1 par value 9,900 5,500 19,000 89,000 37,900 RadtiolCapital Retained Earnings Totals $171,300 $171,300 During January 2018, the following transactions occur January 2 Issue an additional 2,100 shares of $1 par value common stock for $42,000 January 9 Provide services to customers on account $16,300 January 10 Purchase additional supplies on account, $5,800 January 12 Repurchase 1,200 shares of treasury stock for $22 per share January 15 Pay cash on accounts payable, $17,400 January 21 Provide services to customers for cash, $50,000 January 22 Receive cash on accounts receivable, $17,500 January 29 Declare a cash dividend of $0.40 per share to all shares outstanding on January 29. The dividend is payable on February 15 (Hint Grand Finale Fireworks had 19,000 shares outstanding on January 1. 2018 and dividends are not paid on treasury stock) January 30 Reissue 700 shares of treasury stock for $24 per share January 31 Pay cash for salaries during January. 542.900 The tollowing information is avalilable on January 31,2018 a Unpaid utilities for the month of January are $7,100 b Supplies at the end of January total $6,000 c Depreciation on the equipment for the month of January is calculated using the straight-line method At the time the equipment was purchased, the company estimated a service kte of Ih and a residual value of $10,900 d. Accrued income taxes at the end of January are $2,000

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