Adjusted Current Ass Current Liabil Total Current Liabilities 0 Total Current Assets Long term assets Total Liabilities Stockholders' Equity Total Stockholders' Equity Total Liabilities & Stockholders' Equity Total Assets On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Credit Debit $ 26,900 15,100 $ 3,800 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (6%, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals 4,000 19,000 80,400 8,700 99,000 33,900 $145,400 $145,400 During January 2021, the following transactions occur January 2 Provide services to customers for cash, $50,100. January 6 Provide services to customers on account, $87,400. January 15 Write off accounts receivable as uncollectible, $3,500. January 20 Pay cash for salaries, $32,900. January 22 Receive cash on accounts receivable, $85,000. January 22 Receive cash on accounts receivable, $85,000. January 25 Pay cash on accounts payable, $7,000. January 30 Pay cash for utilities during January, $15,200. The following information is available on January 31, 2021 a. The company estimates future uncollectible accounts. The company determines $4,400 of accounts receivable on January 31 past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are 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) b. Supplies at the end of January total $700. c. Accrued interest revenue on notes receivable for January, Interest is expected to be received each December 31 d. Unpaid salaries at the end of January are $35,000