Question

On January 1, 2021, the general ledger of Freedom Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	42,700
Accounts Receivable		44,500
Supplies		7,500
Equipment		64,000
Accumulated Depreciation				$	9,000
Accounts Payable					14,600
Common Stock, $1 par value					10,000
Paid-in Capital-Excess of Par					80,000
Retained Earnings					45,100
Totals	$	158,700		$	158,700

During January 2021, the following transactions occur:

January		2		Issue an additional 2,000 shares of $1 par value common stock for $40,000.
January		9		Provide services to customers on account, $14,300.
January		10		Purchase additional supplies on account, $4,900.
January		12		Repurchase 1,000 shares of treasury stock for $18 per share.
January		15		Pay cash on accounts payable, $16,500.
January		21		Provide services to customers for cash, $49,100.
January		22		Receive cash on accounts receivable, $16,600.
January		29		Declare a cash dividend of $0.30 per share to all shares outstanding on January 29. The dividend is payable on February 15.
				(Hint: Freedom Fireworks had 10,000 shares outstanding on January 1, 2021, and dividends are not paid on treasury stock.)
January		30		Reissue 600 shares of treasury stock for $20 per share.
January		31		Pay cash for salaries during January, $42,000.

The following information is available on January 31, 2021.

1. Unpaid utilities for the month of January are $6,200.
2. Supplies at the end of January total $5,100.
3. 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 life of three years and a residual value of $10,000.
4. Accrued income taxes at the end of January are $2,000.

I need the general Journal, General Ledger, Trial Balance, Income Statement, and Balance Sheet

Answer 1