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Record the receipt of cash on accounts receivable, $25,100. Record the payment of...

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Accounting

  1. Record the receipt of cash on accounts receivable, $25,100.

  1. Record the payment of cash on accounts payable, $5,000.

  1. Record the adjusting entry for rent. Rent for the month of January has expired

  1. Record the adjusting entry for supplies. Supplies remaining at the end of January total $3,800.
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On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: During January 2021, the following transactions occur: January 2 Purchase rental space for one year in advance, $9,000 ( $750/ month). January 9 Purchase additional supplies on account, $4,500. January 13 Provide services to customers on account, $26,500. January 17 Receive cash in advance from customers for services to be provided in the future, $4,700. January 20 Pay cash for salaries, $12,500. January 22 Receive cash on accounts receivable, $25,100. January 29 pay cash on accounts payable, $5,000. The following information is avallable on January 31. - Rent for the month of January has expired. - Supplies remaining at the end of January total $3,800. - By the end of January, $3,950 of services has been provided to customers who paid in advance on January 17. - Unpaid salaries at the end of January are $5,100

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