Prepare an adjusted trial balance as of January 31, 2018.

Prepare a multiple-step income statement for the period ended January 31, 2018.

Prepare a classified balance sheet as of January 31, 2018. (Enter the Asset Accounts in order of liquidity. Amounts to be deducted should be indicated with a minus sign.)

Record closing entries

On January 1, 2018, the general ledger of ACME Fireworks includes the following account balances: Accounts Debit Credit 25,800 Cash Accounts Receivable 47,600 4,900 Allowance for Uncollectible Accounts 20,700 Inventory 53,000 Land Equipment 18,500 Accumulated Depreciation 2,200 29,200 Accounts Payable 57000 Notes Payable (6%, due April 1, 2019) Common Stock 42,000 30,300 Retained Earnings Totals $165,600 $165,600