Please help me with 5~9. Thank you so much

Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings Totals Debit $ 25,00 7,109 5,000 69,000 $ 5,100 84,000 17,700 $106,800 $196,800 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $11,700 ($975/month). January 9 Purchase additional supplies on account, $5,400. January 13 Provide services to customers on account. $27.480. January 17 Receive cash in advance from customers for services to be provided in the future, $5,600. January 20 Pay cash for salaries, $13,400. January 22 Receive cash on accounts receivable. $26.000. January 29 Pay cash on accounts payable, $5,900. 1. Record each of the transactions listed above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) Answer is complete and correct. No Date General Journal Credit Debit 11,700 January 02 Prepaid Rent Cash 11,700 January 09 5,400 Supplies Accounts Payable 5,400 January 13 27,400 Accounts Receivable Service Revenue 27.400 January 17 5,600 Cash Deferred Revenue 5,600 January 20 13.400 Salaries Expense Cash 13,400 January 22 25,000 Cash Accounts Receivable 26.000 January 29 Accounts Payable 5.900 Cash 5.900 Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances. Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings Totals Debit $ 25,700 7,100 5,000 69,000 $ 5,100 84,000 17.700 $106,800 $106,800 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $11,780 ($975/month). January 9 Purchase additional supplies on account, $5,400. January 13 Provide services to customers on account, $27,400. January 17 Receive cash in advance from customers for services to be provided in the future, $5,600 January 20 Pay cash for salaries, $13.400. January 22 Receive cash on accounts receivable, $26,000. January 29 Pay cash on accounts payable, $5,900. Rent for the month of January has expired. Supplies remaining at the end of January total $4,700. . By the end of January, $4.625 of services has been provided to customers who paid in advance on January 17 Unpaid salaries at the end of January are $4,470. 2. Record the adjusting entries on January 31 for the above transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Answer is complete and correct. No General Journal Credit Date January 31 Debit 975 Rent Expense Prepaid Rent 975 January 31 5,700 Supplies Expense Supplies 5.700 January 31 4625 Deferred Revenue Service Revenue Oo oo January 31 Salaries Expense 4.470 Salarles Payable 4 470 Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Accounts Debit Credit Cash $ 25,700 Accounts Receivable 7.100 Supplies 5, 69,000 Accounts Payable $ 5,100 Common Stock 84,000 Retained Earnings 17,700 Totals $106,800 $106.800 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $11,700 ($975/month). January 9 Purchase additional supplies on account, $5,400. January 13 Provide services to customers on account, $27,400. January 17 Receive cash in advance from customers for services to be provided in the future, $5,600 January 20 Pay cash for salaries, $13,400 January 22 Receive cash on accounts receivable, $26, eee. January 29 Pay cash on accounts payable, $5,900. 3. Prepare an adjusted trial balance as of January 31, 2021 DYNAMITE FIREWORKS Adjusted Trial Balance January 31, 2021 Debit $ 26,300 8.500 Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable 690007 Totals $ 103,800 $ 0 Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Accounts Credit Accounts Receivable Supplies Debit $ 25,00 7.100 5.000 69,000 $ 5,100 84,000 Accounts Payable Common Stock Retained Earnings Totals 17,200 $196,800 $106,800 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance $11.709 (5975/month). January 9 Purchase additional supplies on account, $5,400. January 13 Provide services to customers on account, $27,400. January 17 Receive cash in advance from customers for services to be provided in the future, 55,600. January 20 Pay cash for salaries, $13,480 January 22 Receive cash on accounts receivable, $26.000. January 29 Pay cash on accounts payable, 55,900. 4. Prepare an income statement for the period ended January 31, 2021. DYNAMITE FIREWORKS Income Statement For the year ended January 31, 2021 Revenues Expenses Total Expenses Chapter Three Homework Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances: Credit Accounts Receivable Debit $ 25,700 7,100 5.000 69,000 Accounts Payable Como Stock Retained Earnings Totals $ 5,100 84,000 12,280 $106,300 $106,100 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $11,780 ($975/month). January 9 Purchase additional supplies on account, 55,400. January 13 Provide services to customers on account, $27,400. January 17 Receive cash in advance from customers for services to be provided in the future, $5,600 January 20 Pay cash for salaries, $13,400. January 22 Receive cash on accounts receivable, $26.600. January 29 Pay cash on accounts payable, $5,900. 5. Prepare a classified balance sheet as of January 31, 2021. DYNAMITE FIREWORKS Balance Sheet January 31, 2021 Assets Liabilities Current assets Current Babes Total current abilities Stockholder's Equity Total current assets Long-term assets Total stockholders' equity T otal e s and stockholders' equity Total assets $ o $ 0 Chapter Three Homework Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances Part 6 of 7 Credit Accounts Receivable Supplies Debit $ 25,700 7,100 5,000 69,000 points Accounts Payable $ 5,100 Retained Earnings Totals $106,800 $106,800 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $11,700 (5975/month). January 9 Purchase additional Supplies on account, 55,400 January 13 Provide services to customers on account, $27,400. January 17 Receive cash in advance from customers for services to be provided in the future, 55,500 January 20 Pay cash for salaries, $13,400. January 22 Receive cash on accounts receivable, $26.000 January 29 Pay cash on accounts payable, $5,90e. 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the entry to close the revenue accounts Note: Enter debits before credits Date General Journal Debit Credit 2021 Record entry Clear entry View general journal Chapter Three Homework Required information On January 1, 2021, the general ledger of Dynamite Fireworks includes the following account balances Part 7 of 7 Accounts Receivable $ 5,100 Accounts Payable Common Stock Retained Earnings $106,00 During January 2021, the following transactions occur January 2 Purchase rental space for one year in advance, $11,700 (5975/month). January 9 Purchase additional supplies on account, $5,400. January 13 Provide services to customers on account, $27,400 January 17 Receive cash in advance from customers for services to be provided in the future, 55,500. January 20 Pay cash for salaries, $13.400 January 22 Receive cash on accounts receivable, $26.000 January 29 Pay cash on accounts payable, 55,900. 7. Analyze the following features of Dynamite Fireworks financial condition: a. What is the amount of profit reported for the month of January? Income statement b. Calculate the ratio of current assets to current liabilities at the end of January Current ratio 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 Good Bad