Can you answer all the questions and provide the general journal entries, Thanks!

On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Credit Debit $ 24,300 12,400 $ 1,500 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (6%, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals 2,600 20,800 55,600 5,300 70,600 39,800 $117,200 $115,700 During January 2021, the following transactions occur: 2 Provide services to customers for cash, $26,300. 2. January 6 Provide services to customers on account, $63,700. 3. January 15 Write off accounts receivable as uncollectible, $900. 4. January 20 Pay cash for salaries, $28,200. 5. January 22 Receive cash on accounts receivable, $62,900. 6. January 25 Pay cash on accounts payable, $4,220. 7. January 30 Pay cash for utilities during January, $10,500. The following information is available on January 31, 2021. 8. At the end of January, $3,800 of accounts receivable are past due, and the company estimates that 25% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 5% will not be collected. The note receivable of $27,000 is considered fully collectible and therefore is not included in the estimate of uncollectible accounts. 9. Supplies at the end of January total $590. 10. Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31. 11. Unpaid salaries at the end of January are $27,200. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Prepare an income statement for the period ended January 31, 2021. Choose the appropriate accounts to complete the company's income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Dates: Jan 02 to: Jan 31 Adjusted 3D FAMILY FIREWORKS Income Statement For the Month Ended January 31, 2021 Revenues: Sales revenue $ Cost of goods sold Total revenues Expenses: Salaries expense 55,400 Total expenses $ 55,400 (55,400) Trial Balance Balance Sheet > Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Prepare a classified balance sheet as of January 31, 2021. Choose the appropriate accounts to complete the company's balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Adjusted to: Jan 31 Assets Current Assets: Cash Accounts receivable Supplies Notes receivable Dates: Jan 02 3D FAMILY FIREWORKS Balance Sheet January 31, 2021 Liabilities Current Liabilities: 70,580 Accounts payable 12,300 Salaries payable 590 20,800 Total Current Liabilities 0 Bad debt expense 1,080 27,200 " 28,280 775 0 104,270 Total Liabilities 29,055 Stockholders' Equity Total Current Assets Long-term Assets: Land Allowance for uncollectible accounts 55,600 1,375 01 Common stock Retained earnings 70,600 (15,600) Total Stockholders' Equity Total Liabilities & Stockholders' Equity 55,000 84,055 Total Assets $ 161,245 $ Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Using the information from the requirements above, complete the 'Analysis' tab. (Enter your Accounts receivable turnover ratio in 1 decimal place and Ratio of allowance for uncollectible accounts in whole number.) Adjusted Dates: Jan 02 to: Jan 31 Analyze how well 3D Family Fireworks manages its receivables (a) Calculate the receivables turnover ratio for the month of January (Hint: For the numerator, use total services provided to customers on account). If the industry average of the receivables turnover ratios for the month of January is 4.2 times, is the company collecting cash from customers more or less efficiently than other companies in the same industry? Accounts Receivable turnover: times The company is collecting more efficiently. (true or false) (b) Calculate the ratio of Allowance for Uncollectible Accounts to Accounts Receivable at the end of January. Based on a comparison of this ratio to the same ratio at the beginning of January, does the company expect an improvement or worsening in cash collections from customers on credit sales? Ratio of Allowance for Uncollectible Accounts to Accounts Receivable Should the company expect improving or worsening conditions?