The general ledger of Pop's Fireworks includes the following account balances in $2024$:

In addition, the following transactions occurred during $2024$ and are not yet reflected in the account balances above:

June $3$ Provide additional services on account for $$27,000.$ All services on account include terms $\frac{2}{10},\frac{n}{30}.$

June $8$ Receive cash from customers within $10$ days of the services being provided on account. The customers were

originally charged $$15,000.$

November $15$ Write off customer accounts of $$9,500$ as uncollectible.

The following information is available on December $31.$

a$.$ Estimate that $10\%$ of the balance of accounts receivable $($after transactions in requirement $1)$ will not be collected. $($Hint$.$ Use the

January $31$ accounts receivable balance calculated in the general ledger to determine the total estimate of uncollectible accounts.$)$

b$.$ Accrue interest on the note receivable of $$50,000,$ which was accepted on October $1,2024.$ Interest is due each September $30.$

Record each of the transactions listed above in the 'General Journal' tab. Review the 'General Ledger' and the 'Trial

Balance' tabs to see the effect of the transactions on the account balances.

Record the adjusting entries in the 'General Journal' tab.

Review the adjusted 'Trial Balance' as of December $31,2024,$ in the 'Trial Balance' tab.

Prepare an income statement for the period ended December $31,2024,$ in the 'Income Statement' tab.

Prepare a classified balance sheet as of December $31,2024$ in the 'Balance Sheet' tab.

Record the closing entries in the 'General Journal' tab.

Using the information from the requirements above, complete the 'Analysis' tab.