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Required information [The following information applies to the questions displayed below] On January 1, 2024,...

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Accounting

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Required information [The following information applies to the questions displayed below] On January 1, 2024, the general ledger of 30 Family Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 provide services to customers for cash, $41,100. January 6 provide services to custoners on account, $78,400. January 15 Write off accounts receivable as uncollectible, $1,608. (Assume the company uses the atlowance method) January 26 Pay cash for salaries, $32,000. January 22 Receive cash on accounts receivable, $76,000. January 25 Pay cash on accounts payable, $6,100. January 30 Pay cash for utilities during January, $14,300. 5. Prepare a classifled balance sheet as of January 31, 2024. (Amounts to be deducted should be indicated with a minus sign.)

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