Question: Required information Exercise 5-21 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.]

 Required information Exercise 5-21 Complete the accounting cycle using receivable transactions

(LO5-1, 5-4, 5-5, 5-7, 5-8) [The following information applies to the questions

Required information Exercise 5-21 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, 2021, the general ledger of 3D Family Fireworks Includes the following account balances: During January 2021, the following transactions occur: January 2 Provide services to customers for cash, $37,100. January 6 Provide services to customers on account, $74,400. January 15 Write off accounts receivable as uncollectible, \$1,009. lanuary 29 Pay cash for salaries, $31,600. January 22 Receive cash on accounts receivable, $72,060. January 25 Pay cash on accounts payable, \$5,700. January 36 Pay cash for utilities during January, $13,900

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