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the allowance for uncollectible amounts and deferred revenue are wrong can someone please help, i just need those Assets Cash Accounts Receivable Less: Allowance for
the allowance for uncollectible amounts and deferred revenue are wrong can someone please help, i just need those Assets Cash Accounts Receivable Less: Allowance for Uncollectible Accounts Inventory Total Current Assets Land Equipment Accumulated Depreciation Total Assets $ 193,000 Liabilities $ 26,600 Accounts Payable Deferred Revenue 193,000 Interest Payable 14,400 Income Tax Payable 234,000 Total Current Liabilities Notes Payable Total Liabilities 53,000 Common Stock 18,500 Retained Earnings (2,775) $ 302,725 $ 86,200 5,700 285 Stockholders' Equity 105,885 57,000 162,885 42,000 Total Stockholders' Equity 130,698 Total Liabilities and Stockholders' Equity $ 293,583 13,700 A 88698 Required information [The following information applies to the questions displayed below.] On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances: Accounts Cash. Credit Debit $ 25,800 47,600 Accounts Receivable. Allowance for Uncollectible Accounts $ 4,900 Inventory 20,700 Land 53,000 Equipment 18,500 Accumulated Depreciation 2,200 Accounts Payable. 29,200 Notes Payable (6%, due April 1, 2022) 57,000 Common Stock 42,000 Retained Earnings 30,300 Totals $165,600 $165,600 During January 2021, the following transactions occur: January 2 Sold gift cards totaling $9,400. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, $154,000. January 15 Firework sales for the first half of the month total $142,000. All of these sales are on account. The cost of the units sold is $77,300. January 23 Receive $126,100 from customers on accounts receivable. January 25 Pay $97,000 to inventory suppliers on accounts payable.. January 28 Write off accounts receivable as uncollectible, $5,500. January 30 Firework sales for the second half of the month total $150,000. Sales include $15,000 for cash and $135,000 on account. The cost of the units sold is $83,000. January 31 Pay cash for monthly salaries, $52,700. B 6 7
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