Question: ans Help Save & E On January 1, 2019, Dance Training Co entered its second year of operations. Dance Training Co provides elite personal training

 ans Help Save & E On January 1, 2019, Dance Training

ans

Help Save & E On January 1, 2019, Dance Training Co entered its second year of operations. Dance Training Co provides elite personal training courses to dancers who want to work on cruise ships. On December 31, 2020, Jordan Ryan, the owner, finalized the company's records, which showed the following items. Accounts payable Accounts receivable Cash Choreography revenue Dance studio equipment Dance training revenue Furniture Interest expense Jordan Ryan, capital, December 31, 2019* Jordan Ryan, withdrawals Notes payable Prepaid rent Rent expense Supplies Supplies expense Utilities expense Wages expense $ 10,200 50,000 26,400 24,100 20,000 143,000 14,000 2,900 80,100 50,000 28,000 4,800 18,000 3,200 16,700 10,600 68,800 *Hint: The ending capital balance for one period is the beginning capital balance for the next period. There were no owner investments during the year ended December 31. 2020. Required: 221

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