Having trouble finishing it. Number 8 in the general journal is wrong (just the numbers I believe). number 10 income taxes is incorrect. 12 and 13 are completely incorrect. Please help me correct them and finish the analysis. Thank you!!

On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances: During January 2024 , the following transactions occur: January 2 Provide services to customers for cash, $50,100. January 6 Provide services to customers on account, $87,400. January 15 Write off accounts receivable as uncollectible, $3,500. (Assume the company uses the allowance method) January 20 Pay cash for salaries, $32,900. January 22 Receive cash on accounts receivable, $85,000. January 25 Pay cash on accounts payable, $7,000. January 30 Pay cash for utilities during January, $15,200. The following information is available on January 31, 2024. a. The company estimates future uncollectible accounts. The company determines $4,400 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not pas due, and 5% of these accounts are estimated to be uncollectible. (Hint. Use the January 31 accounts receivable balance calculated in the general ledger to split total accounts receivable into the $4,400 past due and the remaining amount not past due.) b. Supplies at the end of January total $700. All other supplies have been used. c. Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31. d. I Jnnaid salaries at the end of lanuary are $35.000 d. Unpaid salaries at the end of January are $35,000. 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 to 7 ). Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal' tab (these are shown as items 8 to 11). 3. Review the adjusted 'Trial Balance' as of January 31, 2024, in the 'Trial Balance' tab. 4. Prepare an income statement for the period ended January 31,2024 , in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of January 31, 2024 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 12 and 13). 7. Using the information from the requirements above, complete the 'Analysis' tab. Prev 1 of 1 Next Requirement General Ledger > General Led! \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Land } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & January01,2024 & & & 80,400 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Accounts Payable } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & January01,2024 & & & 11,000 \\ \hline 6 & January25,2024 & 7,000 & & 4,000 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|r|} \hline \multicolumn{4}{|c|}{ Salaries Payable } \\ \hline No. & Date & Debit & Credit & \multicolumn{1}{|c|}{ Balance } \\ \hline & & & 0 \\ \hline 11 & January31,2024 & & 35,000 & 35,000 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|r|} \hline \multicolumn{5}{|c|}{ Income Taxes Payable } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & & & 0 \\ \hline 10 & January31,2024 & & 95 & 95 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Common Stock } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & January01,2024 & & 99,000 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Retained Earnings } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & January01,2024 & & 33,900 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|r|} \hline \multicolumn{4}{|c|}{ Service Revenue } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & January01,2024 & & & 0 \\ \hline & January02,2024 & & 50,100 & 50,100 \\ \hline 1 & & 87,400 & 137,500 \\ \hline 2 & January06,2024 & & & \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|r|} \hline \multicolumn{5}{|c|}{ Supplies Expense } \\ \hline No. & Date & Debit & Credit & \multicolumn{1}{c|}{ Balance } \\ \hline & & & 3,300 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|r|} \hline \multicolumn{5}{|c|}{ Salaries Expense } \\ \hline No. & Date & Debit & Credit & Balance \\ \hline & January01,2024 & & & 0 \\ \hline 4 & January20,2024 & 32,900 & & 32,900 \\ \hline 11 & January31,2024 & 35,000 & & 67,900 \\ \hline \end{tabular} \begin{tabular}{|r|c|c|c|r|} \hline \multicolumn{5}{|c|}{ Utilities Expense } \\ \hline No. & Date & Debit & Credit & \multicolumn{1}{c|}{ Balance } \\ \hline & & & & 15,200 \\ \hline \end{tabular} Bad Debt Expense \begin{tabular}{|c|c|c|c|r|} \hline No. & Date & Debit & Credit & Balance \\ \hline & & & & 0 \\ \hline & s & & & \\ \hline \end{tabular} ice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The opti choose will be the values used to populate the income statement and balance sheet tabs. b. Supplies at the end of January total $700. All other supplies have been used. c. Accrued interest revenue on notes receivable for January. Interest is expected to be recei d. Unpaid salaries at the end of January are $35,000. Choose the appropriate accounts to complete the company's income statement. Select 'adjustec will then populate the balances in those accounts from the adjusted trial balance. Choose the appropriate accounts to complete the company's balance sheet. Make sure to select 'adjusted' from the dropdown, w then populate the balances in those accounts from the adjusted trial balance. the general ledger to split total accounts receivable into the $4,400 past due and the remaining amount not past due.) b. Supplies at the end of January total $700. All other supplies have been used. c. Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31 . d. Unpaid salaries at the end of January are $35,000. Enter your Accounts Receivable turnover value rounded to 1 decimal place and Ratio of Allowance for Uncollectible Accounts as percentage rounded to 1 decimal place. 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 4.8 times, is the company collecting cash from customers more or less efficiently than other companies in the same industry