On January 1, 2018, the general ledger of 3D Family Fireworks includes the following account balances:

Accounts	Debit			Credit
Cash	$	25,500
Accounts Receivable		14,400
Allowance for Uncollectible Accounts				$	2,400
Supplies		3,300
Notes Receivable (6%, due in 2 years)		28,000
Land		77,800
Accounts Payable					9,400
Common Stock					104,000
Retained Earnings					33,200
Totals	$	149,000		$	149,000

During January 2018, the following transactions occur:

January	2		Provide services to customers for cash, $43,100.
January	6		Provide services to customers on account, $80,400.
January	15		Write off accounts receivable as uncollectible, $2,000.
January	20		Pay cash for salaries, $32,200.
January	22		Receive cash on accounts receivable, $78,000.
January	25		Pay cash on accounts payable, $6,300.
January	30		Pay cash for utilities during January, $14,500.

The following information is available on January 31, 2018.

At the end of January, $5,800 of accounts receivable are past due, and the company estimates that 20% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 5% will not be collected. The note receivable of $28,000 is considered fully collectible and therefore is not included in the estimate of uncollectible accounts.

Supplies at the end of January total $650.

Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31.

Unpaid salaries at the end of January are $34,300.

1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 - 7). Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal' tab (these are shown as items 8-11). 3. Review the adjusted 'Trial Balance' as of January 31, 2018, in the 'Trial Balance' tab. 4. Prepare an income statement for the period ended January 31, 2018, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of January 31, 2018 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 12 and 13). 7. Using the information from the requirements above, complete the 'Analysis' tab.