Required Information Exercise 3-21A Complete the accounting cycle (LO3-3, 3-4, 3-5, 3-6) On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Accounts Cash Debit $23,800 Credit Accounts Receivable 5,200 Supplies 3,100 Land se, dee Accounts Payable $3,200 Common Stock 65,000 Retained Earnings 13,900 Totals $82,100 $82,100 During January 2021, the following transactions occur. January 2 Purchase rental space for one year in advance, $6,000 ($500/month). January 9 Purchase additional supplies on account, $3,500. January 13 Provide services to customers on account, $25,500. January 17 Receive cash in advance from customers for services to be provided in the future, $3,700. January 20 Pay cash for salaries, $11,500. January 22 Receive cash on accounts receivable, $24,100. January 29 Pay cash on accounts payable, $4,000. Exercise 3-21A Part 4 4. Prepare an income statement for the period ended January 31, 2021 Revenues DYNAMITE FIREWORKS Income Statement For the year ended January 31, 2021 Expenses Total Expenses