This is one question seperated into 3 parts.(balance sheet, income statement, and adjusted trial balance is part 1. General journal to close revenue and expense accounts is part 2. part 3 is analyze.)

On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances: Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Accounts Payable Notes Payable (88, due in 3 years) Common Stock Retained Earnings Totals Debit Credit $ 21,900 36,500 $ 3,100 30,000 61,600 32,400 30,000 56,000 28,500 $150,000 $150,000 The $30,000 beginning balance of inventory consists of 300 units, each costing $100. During January 2021, Big Blast Fireworks had the following inventory transactions: January 3 Purchase 1,200 units for $126,000 on account ($105 each) January 8 Purchase 1,300 units for $143,000 on account ($110 each) January 12 Purchase 1,400 units for $161,000 on account ($115 each) January 15 Return 100 of the units purchased on January 12 because of detects. January 19 Sell 4,000 units on account for $600,000. The cost of the units sold is determined using a PIPO perpetual inventory system. January 22 Receive $580,000 from customers on accounts receivable. January 24 Pay $410,000 to inventory suppliers on accounts payable. January 27 Write off accounts receivable as uncollectible, $2,500. January 31 Pay cash for salaries during January, $128,000. The following information is available on January 31, 2021. a. At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $100 each b. The company estimates future uncollectible accounts. The company determines $4,000 of accounts receivable on January 31 are past due, and 40% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 4% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger.) c. Accrued interest expense on notes payable for January, Interest is expected to be paid each December 31. d. Accrued income taxes at the end of January are $12,300. 3. Prepare an adjusted trial balance as of January 31, 2021. BIG BLAST FIREWORKS Adjusted Trial Balance January 31, 2021 Debit Accounts Credit Totals S 0 s 0 4. Prepare a multiple-step Income statement for the period ended January 31, 2021. BIG BLAST FIREWORKS Multiple-step Income Statement For the year ended January 31, 2021 0 Total operating expenses Operating income (loss) 5. Prepare a classified balance sheet as of January 31, 2021. (Amounts to be deducted should be indicated with a minus sign.) BIG BLAST FIREWORKS Classified Balance Shoot January 31, 2021 Assets Liabilities 0 0 Total current assets 0 Total current liabilities Total liabilitos Stockholders' Equity 0 Total stockholders' aquity Total liabilities and stockholders' equity $ 0 $ Total assets 0 Journal entry worksheet