what play best describes culture in the Roman era

i didnt mean for the question about Roman era art...sorry. its accounting

Required information The following information applies to the questions displayed below On January 1, 2021, the general ledger of Big Blast Fireworks includes the following account balances Accounts Debit Credit Cash $ 25,90 Accounts Receivable 46,5 Allowance for Uncollectible Accounts 54,300 Inventory 50.00 Land 91,60 Accounts Payable 25,200 Notes Payable (9%, due in 3 years) 50,000 Common Stock 76, Retained Earnings Totals 5214,100 $ 214,000 The $50.000 beginning balance of inventory consists of 500 unts, each colting 5100. During January 2021. Big Blast Fireworks had the following inventory transactions January 3 Purchase 1, se units for $209, ese on account (5113 each) January Purchase 1,95 units for $230, 100 on account (5118 each) January 12 Purchase 2,058 units for 5252, 150 on account (5123 sach) January 15 Return 200 of the units purchased on January 12 because of defects. January 19 Sell 5,000 units on account for $900,000. The cost of the units sold is determined using a FIFO perpetual inventory system January 22 Receive $881,00 from customers on accounts receivable January 24 Pay 5650,eee to inventory suppliers on accounts payable January 27 write off accounts receivable as uncollectible, 92.900 January 31 Pay cash for salaries during January, 519,00 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 $6,000 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 5% 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 $14300 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 $6.000 of accounts receivable on January 31 are past due, and 40% of these accounts are estimated to be uncollectible. The romaining accounts receivable on January 31 are not past due, and 5% 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 554,300 2. Record adjusting entries on January 31 for the above transactions. If no entry is required for a transaction/event, select "No journal entry required in the first account field) View transaction list Journal entry worksheet 2 3 4 > At the end of January, the company estimates that the remaining units of inventory are expected to sell in February for only $100 each. Record the adjustment for net realizable value. Note: Enter debits before credits Date January 31 General Journal Debit Credit Record entry Clear entry View general journal 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. At the end of January. $6,000 of accounts receivable are past due, and the company estimates that 40% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 5% will not be collected c. Accrued interest expense on notes payable for January. Interest is expected to be paid each December d. Accrued income taxes at the end of January are $14,300 3. Prepare an adjusted trial balance as of January 31, 2021 31. BIG BLAST FIREWORKS Acute Thule January 31, 2021 Accounts Credit 5 o 5 The following information is available on January 31, 2021 1 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 $6,000 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 5% 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 $14,300 4. Prepare a multiple-step income statement for the period ended January 31, 2021 BIG BLAST FIREWORKS Multiple stap ince Statment For the year ended January 31, 2021 Total operating expenses Operating income foss 1 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 $6,000 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 5% 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 $14,300. 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 Batance Sheet January 31, 2021 Assets Liabilities Total currentes Totalcumentais Stockholders' Equity Tool holdes et Totales and stockholders equity $ 5 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 $6,000 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 5% 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 $14,300. 6. Record closing entries (if no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction fist Journal entry worksheet Record the closing entry for revenue accounts. General Journal Debit Credit January 31 2021 Recorded Clear entry View general journal a. At the end of January, the company estrates 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 56.000 of accounts receivable on January 31 ar past due, and 40% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible (Hint: Use the January 31 accounts receivable balance calculated in the general ledger Accrued interest expense on notes payable for January, Interest is expected to be paid each d. Accrued income that the end of January are $14.300 7. Analyze how well Big Blast Fireworks' manages to inventory - 1 Calculate the inventory turnover ratio for the month of January (Round your final answer to 1 decimal place) a-2. If the industry average of the inventory turnover ratio for the month of January is 180 times, is the company managing its inventory more or less officiently than other companies in the same industry? More OLOS b.1 Calculate the gross proftratio for the month of January (Round your final answer to 1 decimal place) D-2 If the industry average gross profit ratio is 280%, is the company more or less profitable per dollar of sales than other companies in the same industry? O More Less cIs the company's strategy to sell a higher volume of less expensive items or does the company appear to be tolling a lower volume of more expensive items? o Higher volume of less expensie Lower volume of more expensive