Please help me complete the accounting cycle with this information, I have done only some parts.
Required information Exercise 5-21 Complete the accounting cycle using receivable transactions LLO51,54,55, [The following information applies to the questions displayed below.] On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: During January 2021 , the following transactions occur: January 2 Provide services to customers for cash, $42,100. 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, $32,10. January 22 Receive cash on accounts receivable, $77,000. January 25 Pay cash on accounts payable, $6,200. January 30 Pay cash for utilities during January, $14,400. a. The company estimates future uncollectible accounts. The company determines $5700 of accounts receivable on farnary 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not psst due, and 5%, of these accounts are estimoted to be uncollectible. (Hinti Use the Janubry 31 occounts receivable bafance calculated in the general ledger) b. Supplies at the end of January total $600 c. Accrued interest revenue on notes recelvable for January, interest is expected to be recelved each December 3t. d. Unpaid salaries at the end of January ore $34,200. 2. Fecord odjusing entries on January 31 for the obove transoctions. af no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 2. Record adjusting entries on January 31 for the above transactions. (If no entry is required for a particular transacti "No Journal Entry Required" in the first account field.) 3. Prepare an adjusted trial balance as of January 31, 2021. Q Answer is not complete. Check my work mode : This shows what is correct or incorrect fo Exercise 5-21 Part 4 4. Prepare an income statement for the period ended January 31,2021. Required information 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Requi account field.) b-1. Calculate the ratio of Allowance for Uncollectible Accounts to Accounts Receivable at the end of January. (Round your final answer to 1 decimal place.) Required information Exercise 5-21 Complete the accounting cycle using receivable transactions LLO51,54,55, [The following information applies to the questions displayed below.] On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: During January 2021 , the following transactions occur: January 2 Provide services to customers for cash, $42,100. 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, $32,10. January 22 Receive cash on accounts receivable, $77,000. January 25 Pay cash on accounts payable, $6,200. January 30 Pay cash for utilities during January, $14,400. a. The company estimates future uncollectible accounts. The company determines $5700 of accounts receivable on farnary 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not psst due, and 5%, of these accounts are estimoted to be uncollectible. (Hinti Use the Janubry 31 occounts receivable bafance calculated in the general ledger) b. Supplies at the end of January total $600 c. Accrued interest revenue on notes recelvable for January, interest is expected to be recelved each December 3t. d. Unpaid salaries at the end of January ore $34,200. 2. Fecord odjusing entries on January 31 for the obove transoctions. af no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 2. Record adjusting entries on January 31 for the above transactions. (If no entry is required for a particular transacti "No Journal Entry Required" in the first account field.) 3. Prepare an adjusted trial balance as of January 31, 2021. Q Answer is not complete. Check my work mode : This shows what is correct or incorrect fo Exercise 5-21 Part 4 4. Prepare an income statement for the period ended January 31,2021. Required information 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Requi account field.) b-1. Calculate the ratio of Allowance for Uncollectible Accounts to Accounts Receivable at the end of January. (Round your final answer to 1 decimal place.)
