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On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances. Credit Debit $ 25,380 14,300 $ 2,200 Accounts Cash

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On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances. Credit Debit $ 25,380 14,300 $ 2,200 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (6%, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals 3,200 27,000 77.700 9,20 103,000 33,100 $147,5ee $147,500 During January 2021, the following transactions occur January 2 Provide services to customers for cash, $42,180 January 6 Provide services to customers on account, $79.400. January 15 Write off accounts receivable as uncollectible. $1,800. January 20 Pay cash for salaries, $32.100. January 22 Receive cash on accounts receivable, $77, eee. January 25 Pay cash on accounts payable, 56,200. Panuary 30 Pay cash for utilities during January, 514,400 The following information is available on January 31, 2021. a. The company estimates future uncollectible accounts. The company determines $5,700 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 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 $600 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 $34,200. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis 1. Record each of the transactions listed above in the 'General Journal" tab (these are shown as items 1-7). 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 8-11). 3. Review the adjusted Trial Balance' as of January 31, 2021, in the Trial Balance' tab. 4. Prepare an 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 12 and 13). 7. Using the information from the requirements above, complete the 'Analysis tab. Journal entry worksheet

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