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[The foliowing information applies to the questions displayed below] On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances: During

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[The foliowing information applies to the questions displayed below] On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances: During January 2021, the following transactions occur: 2anuary 2 sold glft cards totaling $9,200. The cards are redeemable for merchandise within one year af the purchase date. January 6 Purchuse additiohal inventory on account, 8153 , 000 . January is firemork sales for the first half of the month total 5141 , 000. AII of these sales are on account. The cost of the units sold is 376 , 100 . January 23 Aecelve 3126 , 0ee from custoeers on accounts recelvable. 3anuary 25 Pay $96, eoe to inventory suppliers on accounts payable. 2anuary 2A write off accounts recelvable as uncollectible, $5,400, Janvary se firevork sales for the second half of the month total $149, 00e. Sales Include \$13, e0e for cash and \$136, eee on sccoumt. The cost of the units sold is $82,500. 7anuary 31 Pay cash for monthly salaries, 852,600. 4. Prepare a multiple-step income statement for the period ended January 31, 2021 . [The foliowing information applies to the questions displayed below] On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances: During January 2021, the following transactions occur: 2anuary 2 sold glft cards totaling $9,200. The cards are redeemable for merchandise within one year af the purchase date. January 6 Purchuse additiohal inventory on account, 8153 , 000 . January is firemork sales for the first half of the month total 5141 , 000. AII of these sales are on account. The cost of the units sold is 376 , 100 . January 23 Aecelve 3126 , 0ee from custoeers on accounts recelvable. 3anuary 25 Pay $96, eoe to inventory suppliers on accounts payable. 2anuary 2A write off accounts recelvable as uncollectible, $5,400, Janvary se firevork sales for the second half of the month total $149, 00e. Sales Include \$13, e0e for cash and \$136, eee on sccoumt. The cost of the units sold is $82,500. 7anuary 31 Pay cash for monthly salaries, 852,600. 4. Prepare a multiple-step income statement for the period ended January 31, 2021

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