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Required information [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of ACME Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 sold gitt earda totalleg $11, 800 . The eardin are redeemable for merchandise within one year of the purchase date. January 6 Purobase additional inventory on account, $166,000, Acms usea the perpetual inventory nymtea. January 15 Firevork sales for the firat half of the nonth total $154,000, N11 of these sales are on account. The cont of the unita sold it $83,300. Jansary 23 Recelve $127,300 fron cuitobora on aceounta receivable. Jandary 25 pay 5109,000 to inventory auppliers on accounta payable. January 28 vite off aceounts recelvable an uncoliectible, 56,700. January 30 Firewark ales for the secosd half of the month total $162,000, sales inolude 510,000 for cash and $152,000 on account. The cost of the uniti vold in 589,000 , January 31 pay eash for monkhly alaries, $53,900. 6. Record closing entries, (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 6. Record closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first field.) Journal entry worksheet Record the closing entry for revenue accounts. Note: Enter debits before credits. 6. Record closing entries. (If no entry is required for a transaction/event, select "No Journal Entry Require field.) Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits