Required Information Exercise 5-22A Complete the accounting cycle using receivable transactions (L05-1,5-2,5-4,5-5,5-7) [The following information applies to the questions displayed below.) The general ledger of Pop's Fireworks includes the following account balances in 2021: Credit Debit $ 21,200 41,500 $ 2,200 6,700 10,000 85,000 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (84, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Service Revenue Salaries Expense Utilities Expenso Supplies Expenne Totals 12,300 106,000 29,900 124,800 70,900 24,200 15,700 $275,200 $275,200 In addition, the following transactions occurred during 2021 and are not yet reflected in the account balances above: June 3 Provide additional services on account for $7,000. All services on account include terms 2/10, n/30. June 8 Receive cash from customers within 10 days of the services being provided on account. The customers were originally charged $5,000. November 15 Write of customer accounts of $1,500 as uncollectible. Exercise 5-22A Part 5 MacBook 20 Exercise 5-22A Part 5 5 of 7 5. Prepare a classified balance sheet as of December 31, 2021. (Amounts to be deducted should be indicated with a 5 POP'S FIREWORKS Balance Sheet December 31, 2021 Kipped Assets Liabilities Book Total Current Assets 0 Total Current Liabilities Stockholder's Equity 0 erences Total Assets Total Stockholders' Equity Total Liabilities and Stockholders' Equity 0 $ 0 $ 0 Required information Exercise 5-22A Complete the accounting cycle using receivable transactions (LO5-1,5-2,5-4,5-5,5-7) [The following information applies to the questions displayed below.) The general ledger of Pop's Fireworks includes the following account balances in 2021: Credit Debit $ 21,200 41,500 $ 2,200 6,700 10,000 85,000 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (88, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Service Revenue Salaries Expense Utilities Expense Supplies Expense Totals 12,300 106,000 29,900 124,800 70,900 24, 200 15,700 $275,200 $275, 200 In addition, the following transactions occurred during 2021 and are not yet reflected in the account balances above: June 3 Provide additional services on account for $7,000. 11 services on account include terms 2/10, n/30. 8 Receive cash from customers within 10 days of the services being provided on account. The customers were originally charged $5,000. November 15 Write off customer accounts of $1,500 as uncollectible. June Exercise 5-22A Part 5 MacBook Air