Required information Exercise 5-21 (Algo) Complete the accounting cycle using receivable transactions (LO5-1, 5-4, 5-5, 5-7, 58) [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Freworks includes the following account balances: During January 2024 , the following transactions occur: January 2 Provide services to customers for cash, $39,160. January 6 Provide services to customers on account, $76,400. January 15 Write off accounts receivable as uncollectible, $1,400. (Assume the company uses the allowance method) January 20 Pay cash for salaries, $31,800. January 22 Receive cash on accounts receivable, $74,000. January 25 Pay cash on accounts payable, $5,900. January 30 Pay cash for utilities during January, $14,100. 3. Prepare an adjusted trial balance as of January 31,2024 , after updating beginning balances (above) for transactions during January (requirement 1 ) and adjusting entries at the end of January (requirement 2 ). Required information Required information Exercise 5-21 (Algo) Complete the accounting cycle using receivable transactions (LO5-1, 5-4, 5-5, 5-7, 58) [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Freworks includes the following account balances: During January 2024 , the following transactions occur: January 2 Provide services to customers for cash, $39,160. January 6 Provide services to customers on account, $76,400. January 15 Write off accounts receivable as uncollectible, $1,400. (Assume the company uses the allowance method) January 20 Pay cash for salaries, $31,800. January 22 Receive cash on accounts receivable, $74,000. January 25 Pay cash on accounts payable, $5,900. January 30 Pay cash for utilities during January, $14,100. 3. Prepare an adjusted trial balance as of January 31,2024 , after updating beginning balances (above) for transactions during January (requirement 1 ) and adjusting entries at the end of January (requirement 2 ). Required information