Student Registration Information Winter 21.pdf: ACCTO 101 - Financial Accounting Questio 5 - Homework Saved 7 Required information (The following information applies to the questions displayed below) On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: 17 Account Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (68, due in 2 years) Land Accounts Payable Common Stock Retained tarninge Totals Debit Credit $ 23,900 13,600 $ 1,400 2,500 20,000 77,000 7,200 96,000 32,400 $137,000 $137,000 nd During January 2021, the following transactions occur January 2 Provide services to customers for cash, $35, 100. January 6 Provide services to customers on account, $72,400. January 15 Write off accounts receivable as uncollectible, $1,000. January 20 Pay cash for salaries, $31,400. January 22 Receive cash on accounts receivable, $70,000. January 25 Pay cash on accounts payable, 95,500. January 30 Pay cash for utilities during shnuary, $13,700. 7. Analyze how well 3D Family Fireworks manages its receivables: 2-1. Calculate the receivables turnover ratio for the month of January (Hint For the numerator, use total services provided to custo on account). (Round your final answer to 1 decimal place.) The receivables turnover ratio in