On January 1, 2024, the general ledger of ACME Fireworks includes the following account balances Accounts Cash Accounts Receivable Debit Credit $27,100 50,200 Allowance for Uncollectible Accounts $6,2001 Inventory 22.000 Land Equipment 66,000 25,000 Accumulated Depreciation Accounts Payable 3,500 30,500 Notes Payable (6%, due April 1, 2025) 70,000 Common Stock 55,000 Retained Earnings 25,100 Totals $190,300 $190,300 During January 2024, the following transactions occur: January 2 Bold gift cards totaling $12,000. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, $167,000. ACHE uses the perpetual inventory system. January 15 Firework sales for the first half of the month total $155,000. All of these sales are on account. The cost of the units sold is $83,000. January 23 Receive $127,400 from customers on accounts receivable. January 25 Pay $110,000 to inventory suppliers on accounts payable.. January 28 Write off accounts receivable as uncollectible, $6,800. January 30 Firework sales for the second half of the month total $163,000. Sales include $17,000 for cash and $146,000 on account. The cost of the units sold is $89,500. January 31 Pay cash for monthly salaries, $54,000. The following information is available on January 31. a. Depreciation on the equipment for the month of January is calculated using the straight-line method. At the time the equipment was purchased, the company estimated a residual value of $5,200 and a two-year service life. b. The company records an adjusting entry for $17,340 for estimated future uncollectible accounts. c. The company has accrued interest on notes payable for January d. The company has accrued income taxes at the end of January of $15,000. e. By the end of January, $5,000 of the gift cards sold on January 2 have been redeemed (ignore cost of goods sold). Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis