On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances:

Accounts	Debit				Credit
Cash	$	25,000
Accounts Receivable		6,400
Supplies		4,300
Land		62,000
Accounts Payable					$	4,400
Common Stock						77,000
Retained Earnings						16,300
Totals	$	97,700			$	97,700

During January 2021, the following transactions occur:

January		2		Purchase rental space for one year in advance, $9,600 ($800/month).
January		9		Purchase additional supplies on account, $4,700.
January		13		Provide services to customers on account, $26,700.
January		17		Receive cash in advance from customers for services to be provided in the future, $4,900.
January		20		Pay cash for salaries, $12,700.
January		22		Receive cash on accounts receivable, $25,300.
January		29		Pay cash on accounts payable, $5,200.

The following information is available on January 31.

• Rent for the month of January has expired.
• Supplies remaining at the end of January total $4,000.
• By the end of January, $4,100 of services has been provided to customers who paid in advance on January 17.
• Unpaid salaries at the end of January are $4,960.

1)

Prepare the journal entries for transactions. If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.

2)

Each journal entry is posted automatically to the general ledger. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection.

UnadjustedAdjustedPost-closing

3)

Notice the dropdown below that gives the options to select the unadjusted, adjusted or post-closing trial balance. The option you choose will be the values used to populate the income statement and balance sheet tabs.

UnadjustedAdjustedPost-closing

4)

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.

UnadjustedAdjustedPost-closing

5)

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.

UnadjustedAdjustedPost-closing

6)

Using the information from the requirements above, complete the 'Analysis' tab.

Please answer the whole question ( including all parts ) thank you

Each journal entry is posted automatically to the general ledger. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted Dates: Jan 01 to: Jan 29 General Ledger Account Cash Accounts Receivable Debit Credit No. Date Debit Credit No. Balance 25,000 Date Jan 01 Balance 6,400 Jan 01 Supplies Land No. Debit Credit No. Date Debit Credit Date Jan 01 Balance 4,300 Balance 62,000 Jan 01 Common Stock Accounts Payable Debit Credit No. Date No. Debit Credit Balance 4,400 Date Jan 01 Balance 77,000 Jan 01 Retained Earnings Debit Credit No. Date Jan 01 Balance 16,300 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Using the information from the requirements above, complete the 'Analysis' tab. Analyze the following features of Dynamite Fireworks' financial condition: (a) What is the amount of profit reported for the month of January? The amount of profit reported for the month of January is (b) Calculate the ratio of current assets to current liabilities at the end of January The ratio of current assets to current liabilities at the end of January is (c) Based on Dynamite Fireworks' profit and ratio of current assets to current liabilities, indicate whether Dynamite Fireworks appears to be in good or bad financial condition. Does the company appears to be in good or bad financial condition?