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On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Credit Debit $ 26,900 15,109 $ 3,800 Accounts Cash

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On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Credit Debit $ 26,900 15,109 $ 3,800 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (6%, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals 4,000 19,000 80,400 8,700 99,000 33,900 $145,400 $145,400 During January 2021, 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. January 20 Pay cash for salaries, $32,900. January 22 Receive cash on accounts receivable, $85,000. January 22 Receive cash on accounts receivable, $85,000. January 25 Pay cash on accounts payable, $7,890. January 30 Pay cash for utilities during January, $15,200. The following information is available on January 31, 2021 a. The company estimates future uncollectible accounts. The company determines $4,400 of accounts receivable on January 3 past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are past due, and 5% of these accounts are estimated to be uncollectible. (Hint Use the January 31 accounts receivable balance calculated in the general ledger) b. Supplies at the end of January total $700. 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 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Choose the appropriate accounts to complete the company's income statement. Select 'adjusted from the dropdown, which will then populate the balances in those accounts from the adjusted trial balance Adjusted 3D Family Fireworks Income Statement For Month Ended January 31, 2021 Revenue Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Choose the appropriate accounts to complete the company's income statement. Select 'adjusted from the dropdown, which will then populate the balances in those accounts from the adjusted trial balance. Adjusted - 30 Fanily Fireworks Income Statement For Month Ended January 31, 2021 Revenue Total Revenue Expenses: Total Expenses

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