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Required information [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Fireworks includes the following
Required information [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 Provide services to customers for cash, $47,100. January 6 Provide services to customers on account, $84,400. January 15 Write off accounts receivable as uncollectible, $2,900. (Assume the company uses the allowance January 20 Pay cash for salaries, $32,600. January 22 Receive cash on accounts receivable, $82,000. January 25 Pay cash on accounts payable, $6,700. January 30 Pay cash for utilities during January, $14,900. January 2 Provide services to customers for cash, $47,100. January 6 Provide services to customers on account, $84,400. January 15 Write off accounts receivable as uncollectible, $2,900. (Assume the company uses the allowance method) January 20 Pay cash for salaries, $32,600. January 22 Receive cash on accounts receivable, $82,000. January 25 Pay cash on accounts payable, $6,700. January 30 Pay cash for utilities during January, $14,900. - Prepare an adjusted trial balance as of January 31, 2024, after updating beginning balances (above) for transactions during January equirement and adjusting entries at the end of January (requirement 2)
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