[The following 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: January 2 sold gift cards totaling $9,20e. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, $153,000. January 15 firework sales for the first half of the month total $141, 00e. All of these soles are on account. The cost of the units sold is $76,800. January 23 Hecelve $126, 0ee from customers on accounts recelvable, January 25 Pay $96,000 to inventory suppliers on accounts payable. January 28 Write off accounts recelvable as uncollectible, $5,40%, January 30 firenork soles for the second half of the month total $149, 00e. Sales include \$13, 0e0 for cash and $13, 00e on account. The cost of the units sold is 802,500 . January 31 Pey cash for monthly salarles, 552,600 . 6. Record closing entries. (If no entry is required for a transoction/event, select "No Journal Entry Required" in the first acci field.) Journal entry worksheet 2 Record the closing entry for revenue accounts. Nittei tater defats before tredits