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Part 3 or 6 Journal Entry Required in the first account field.) a. At the end of January, the company estimates that the remaining units

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Part 3 or 6 Journal Entry Required" in the first account field.) a. At the end of January, the company estimates that the remaining units of inventory purchased on January 12 are expected to sell in February for only $100 each. [Hint: Determine the number of units femaining from January 12 after subtracting the units returned on January 15 and the units assumed sold (FIFO) on January 19.] b. The company records an adjusting entry for $3,055 for estimated future uncollectible occounts c. The company accrues interest on notes payable for January. Interest is expected to be paid each December 31. d. The company accrues income taxes at the end of January of $13,200. Required information On January 1, 2024, the general ledger of Big Blast Fireworks includes the following account balances: The $39,000 beginning balance of inventory consiyts of 390 units, each costing $100. During January 2024, Big Blast Fireworks had the following inventory transactions? January 3 Purchase 1,8e0 units for $192,600 on account (\$107 each). January \& Purchase 1,90e units for $212,800 on account ( $112 each). January 12 Purchase 2 , eee units for $234, eee on account ( $117 each). January 15 Return 145 of the units purchased on Janiary 12 because of defects. January 19 sell 5 , 8ee units on account for $87e, eQv. The cost of the units sold is deterained using a F1F0 perpetual inventory systen. January 22 Recelve $841, eee fron custoners on accounts receivable. January 24 Pay $585, dee to inventory suppliers on acceunts payable. January 27 Wirite off accounts recelvable as uncollectible, $3,400. January. 31 Pay cash for salaries during January, $123,000. The following information is available on January 31, 2024. 3. Prepare an adjusted trial balance as of January 31,2024. Part 5 of 6 \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ View transaction list } & Vlew lournal entry werksheet & \multirow[b]{2}{*}{ Debit } & \multirow[b]{2}{*}{ Credit } \\ \hline & No & Date & Goneral Joumat & & \\ \hline \multirow[t]{2}{*}{2} & 1 & January 31,2024 & Sales Revenue & & \\ \hline & & & Retained Earnings & & \\ \hline \multirow[t]{6}{*}{ / } & 2 & Jamuary 31,2024 & Retained Earnings & & \\ \hline & & & Salaries Expense & & \\ \hline & & & Bad Debt Expenso & & \\ \hline & & & Interest Expense & & \\ \hline & & & Income Tax Expense & & \\ \hline & & & Cost of Coods Sold & & \\ \hline \end{tabular} 4. Propare a multiple-stop income statement for the poriod ended january 31,2024

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