Required information

$[$The following information applies to the questions displayed below.$]$

On January $1,2024,$ the general ledger of Big Blast Fireworks includes the following account balances:

The $$41,000$ beginning balance of inventory consists of $410$ units, each costing $$100.$ During January $2024,$ Big Blast

Fireworks had the following inventory transactions:

January $3$ Purchase $2,000$ units for $$218,000$ on account $($ $$109$ each$).$

January $8$ Purchase $2,100$ units for $$239,400$ on account $($ $$114$ each$).$

January $12$ Purchase $2,200$ units for $$261,800$ on account $($ $$119$ each$).$

January $15$ Return $155$ of the units purchased on January $12$ because of defects.

January $19$ Sell $6,400$ units on account for $$960,000.$ The cost of the units sold is determined using a FIF$0$

perpetual inventory system.

January $22$ Receive $$950,000$ from customers on accounts receivable.

January $24$ Pay $$680,000$ to inventory suppliers on accounts payable.

January $27$ Write off accounts receivable as uncollectible, $$2,000.$

January $31$ Pay cash for salaries during January, $$125,000.$

The following information is available on January $31,2024.$

a$.$ At the end of January, the company estimates that the remaining units of inventory purchased on January $12$ are

expected to sell in February for only $$100$ each. $[$Hint: Determine the number of units remaining from January $12$ after

subtracting the units returned on January $15$ and the units assumed sold $($FIFO$)$ on January $19.]$

b$.$ The company records an adjusting entry for $$3,785$ for estimated future uncollectible accounts.

c$.$ The company accrues interest on notes payable for January. Interest is expected to be paid each December $31.$

d$.$ The company accrues income taxes at the end of January of $$13,400.$Prepare an adjusted trial balance as of January $31,2024.$