I need help with the general journal 1-14, income statement, and balance sheet please!!

On January 1, 2021, the general ledger of Freedom Fireworks Includes the following account balances: Accounts Debit Credit Cash $ 12,900 Nccounts Receivable 37,400 Inventory 153,700 Land 34,300 Buildings 137,000 Allowance for Uncollectible Accounts $ 3,500 Accumulated Depreciation 11,300 Accounts Payable 36,400 Common Stock 217,000 Retained Earnings 157,100 Totale $425,300 $425,300 ook During January 2021, the following transactions occur January 1 Borrow $117.000 tron Captive Credit Corporation. The installment note bears interest at 41 annually and matures in 5 years. Payments of 62,155 are required at the end of each month for 60 months. January 4 Receive $32,700 from customers on accounts receivable. January 10 Pay cash on accounts payable, $20,000. January 15 Pay cash for salaries, $30.600. January 30 Pirework sales for the month total $190,000. Sales Include $66,700 for cash and $131,300 on account. The cost of the units sold in 5119,000. January 31 Pay the first monthly installment of $2,155 related to the $117,000 borrowed on January 1. Round your Interest calculation to the nearest dollar. The following information is available on January 31, 2021 a Depreciation on the building for the month of January is calculated using the straight line method. At the time the building was purchased, the company estimated a service life of 10 years and a residual value of $27,200 b. Unpaid salaries at the end of January are $27,800 Accrued income taxes at the end of January are $9,700 d. $21,641 of the long term note payable balance will be paid over the next year e. The company estimates and records bad debt expense (and adds to the Allowance account through this journal entry) at the end of each month. At the end of January, the company determines that determines $4,700 of the total Accounts Receivable account is over 90 days old, with the remaining A/R balance being current Hint use the A/R balance in the General Ledger Tab) 50% of the AR older than 90 asistimated to be collectible and of the current balance is estimated to be incollectible Place General General Requirement Income Trial Balance Journal Balance Sheet Ledger Statement 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 - 7) assuming a FIFO perpetual Inventory system. The transaction on January 30 requires two entries: one to record sales revenue and one to record cost of goods sold. Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances 2. Record adjusting entries on January 31. In the 'General Journal' tab (these are shown as items 8-12). 3. Review the adjusted Trial Balance' as of January 31, 2021, in the 'Trial Balance' tab. 4. Prepare a multiple-step income statement for the period ended January 31, 2021, in the 'Income Statement tab. 5. Prepare a classified balance sheet as of January 31, 2021, in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 13 and 14). Requirement General Journal > 1 Borrow $117,000 from Captive Credit Corporation. The installment note bears interest at 4% annually and matures in 5 years. Payments of $2,155 are required at the end of each month for 60 months. Record the issuance of the long-term note payable. te are eo 2 Receive $32,700 from customers on accounts receivable. 3 Pay cash on accounts payable, $28,000. Cr Pay cash for salaries, $30,600. 5 Record the firework sales of $198,000. Sales include $66,700 for cash and $131,300 on account. Note : = journal entry has been entered Record entry ### X: B. 6 The cost of the units sold is $119,000. te 7 Pay the first monthly installment of $2,155 related to the $117,000 long-term note payable borrowed in January 1. Round your interest calculation to the nearest dollar. ar e ec 8 Depreciation on the building for the month of January is calculated using the straight-line method. At the time the building was purchased, the company estimated a service life of 10 years and a residual value of $27,200. Prepare the adjusting journal entry for depreciation. C 9 At the end of January, $4,700 of accounts receivable are past due, and the company estimates that 50% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 2% will not be Note : = journal entry has been entered Record entry Clear entry View gel i 9 At the end of January, $4,700 of accounts receivable are past due, and the company estimates that 50% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 2% will not be collected. No accounts were written off as uncollectible in January 10 Unpaid salaries at the end of January are $27,800. Prepare the adjusting entry for salaries. 11 Accrued income taxes at the end of January are $9,700. Prepare the adjusting entry for income tax. 12 Record the reclassification of $21,641 from long-term notes payable to current notes payable. Note : = journal entry has been entered Record entry Clear entry View Requirement writte OTT as uncollectible in January 10 Unpaid salaries at the end of January are $27,800. Prepare the adjusting entry for salaries. 11 Accrued income taxes at the end of January are $9,700. Prepare the adjusting entry for income tax. 12 Record the reclassification of $21,641 from long-term notes payable to current notes payable. 13 Prepare the closing entry for revenue. 14 Prepare the closing entry for expenses. Note : journal entry has been entered Record entry Clear entry View