$!$

Required information

Exercise $10-20($Algo$)$ Complete the accounting cycle using stockholders' equity transactions $($LO$10-2,104,10-5,10-8)$

$[$The following information applies to the questions displayed below.$]$

On January $1,2024,$ the general ledger of Grand Finale Fireworks includes the following account balances:

$\backslash$table$[[,$Debit,Credit$],[$Cash$,$$$42,800,],[$Accounts Receivable,$44,700,],[$Supplies$,7,600,],[$Equipment$,65,000,],[$Accumulated Depreciation,,$$9,100$