Question: Required information Exercise 5-21 (Algo) Complete the accounting cycle using receivable transactions (LO5-1, 5-4, 5-5, 5-7, 5-8) [The following information applies to the questions displayed

Required information Exercise 5-21 (Algo) Complete the accounting cycle using receivable transactions (LO5-1, 5-4, 5-5, 5-7, 5-8) [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Flreworks includes the following account balances: During January 2024, the following transactions occur: Tanvary 2 Provide services to custoeers for cash, \$54, 100. Janiary 20 pay icath for salaries, $33,300. January 22 Theceive cash on accountsi recelvable, $69,000 Jamuary 25 fay. cash on accounts payoble, 57,400. Jamuary 70 Pay cash for-utilities during January. 515,600. 5. Prepare a classified balance sheet as of January 31, 2024. (Amounts to be deducted should be indicated with a minus sign.)
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