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Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $11. 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 January transactions are shown below: a. Received $55,750 cash from customers on V1 for subscriptions that had already been earned and charged on account in 2020 . b. Purchased 10 new computer servers for $35,400 on 1/2: paid $14,300 cash and signed a three-year note for the remainder owed. c. Paid $11,000 for an internet advertisement run on 1/3. d. On January 4 , purchased and recelved $3,600 of supplies on account. e. Recelved $240.000 cash on 1/5 from customers for service revenue earned in January. f. On January 6 . paid $3,600 cash for supplies purchased on January 4. g. On January 7 , sold 11,200 subscriptions at $11 each for services provided during January. Half was collected in cash and half was sold on account h. Paid $340,000 in wages to employees on 1/30 for work done in January 1. On January 31, recelved an electric and gas utility bill for $5.570 for January utility services. The bill will be paid in February. General Journal tab - Prepare the journal entries to record the transactions (a) through (i). Review the accounts as shown In the General Ledger and Trial Balance tabs. General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Income Statement tab - Use the drop-down to select the accounts properly included on the income statement. Statement of Retained Earnings tab - Prepare the statement of retained earnings for the month ended January 31,2021. If there are no dividends, include a line that reports Dividends of zero. Balance Sheet tab - Prepare a classified Balance Sheet at January 31, 2021. Analysis tab - Calculate net profit margin, expressed as a percent. Journal entry worksheet

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