The Super Hero Theme Park was started on January 1 of the current year by Dr. Strange. The following selected events and transactions occurred during January:

1-Jan	Jack Strange, the owner, invested $50,000 in the business.
5-Jan	Purchased equipment for $100,000 on account from The Gotham Company.
8-Jan	Incurred advertising expense of $1,800 on account from Mr. Freeze Agency.
11-Jan	Paid salaries to employees, $1,500
12-Jan	Paid the cell phone bill, $200.
13-Jan	Paid $1,500 for a 1-year insurance policy.
17-Jan	Jack Strange withdrew $600 cash for personal use.
20-Jan	Received $5,700 in cash for admission fees.
22-Jan	Billed corporate customers $3,000 for using the park earlier today.
25-Jan	Collected $2,500 from customers in advance of using the park.
30-Jan	Paid $700 on account for the advertising incurred back on January 8.

The following accounts are used in the Super Hero Theme Park:

• Cash, Accounts Receivable
• Prepaid Insurance
• Equipment
• Accounts Payable
• Unearned Admission Revenue
• Jack Strange, Capital
• Jack Strange, Drawing
• Admission Revenue
• Advertising Expense
• Salaries Expense
• Telephone Expense

Complete the following:

1. Journalize the January transactions.
2. Post transactions to the General Ledger.
3. Prepare a Trial Balance.
4. Prepare an Income Statement.
5. Prepare a Statement of Owner's Equity.
6. Prepare a Balance Sheet.

Please submit your assignment.

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