For this problem Im have recorded the transactions correctly but I am having trouble determining the bad debt expense as well as the retained earnings for the adjusted trial balance. Also if you could help me with the current ratio and acid-test ratio that would be greatly appreciated!

Questions 5-11 o The following information applies to the questions displayed below On January 1, 2018, the general ledger of ACME Fireworks inctudes the following account balances $ 25,900 47,800 Cash $ 5,000 Allowance for Uncollectible Accounts Inventory Land Equipment Accumulated Depreciation Accounts Payable Notes Payable (6%, due April 1, 2019) Common Stock Retained Earnings 20,800 54,000 9000 2300 2,300 29,300 58.000 43,000 29,900 Totals $167,500 $167,500 During January 2018, the following transactions occur January 2 Sold gift cards totaling $9.600 The cards are redeemable for merchandise within one year of the January 6 Purchase additional inventory on account, $155.000 January 15. Frework sales for the first half of the month total $143.000 All of these sales are on account The cost of the units sold is $77800 January 23 Receive $126,200 from customers on accounts receivable January 25. Pay $98,000 to inventory suppliers on accounts payable January 28. Write off accounts receivable as uncollectible, $5,600 January 30 Fire work sales for the second half of the month total SS1000 Sales include SI4OOor cash and St37000 on account The cost of the units sold is S83500 lanuary 31 Pay cash for monthly salaries, $52.800 5. 10.00 points Type here to search