Required information Exercise 8-19 (Algo) Complete the accounting cycle (LO8-1, 8-2, 8-4, 8-6) [The following information applies to the questions displayed below.] On January 1,2024, the general ledger of ACME Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 Sold gift cards totaling $9,800. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, \$156, 900 . ACME uses the perpetual inventory systea. January is firework soles for the first half of the month total $144,000. All of these sales are on occount. The cost of the units sold is $78,300. 3 anuary 23 Recelve $126,300 from customers on accounts receivable. January 25 Pay $99,009 to inventory suppliers on accounts payable. January 28 lirite off accounts receivable as uncollectible, $5,700. January 30 firework sales for the second half of the month total $152,000. Sales include $12,000 for cash and $140, 090 on account. The cost of the units sold is $84,009. January 31 Pay cash for monthly salaries, \$52,900. Exercise 8-19 (Algo) Part 3 3. Prepare an adjusted trial balance as of January 31, 2024