Journal entry: 1. Provide services to customers for cash, $39,100.2. Provide services to customers on account, $76,400.3. Write off accounts receivable as uncollectible, $1,400.4. Pay cash for salaries, $31,800.5. Receive cash on accounts receivable, $74,000.6. Pay cash on accounts payable, $5,900.7. Pay cash for utilities during January, $14,100.8, The company estimates future uncollectible accounts. The company determines $5,400 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not 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.) Record the adjusting entry for uncollectible accounts.9. Supplies at the end of January total $900. Record the adjusting entry for supplies.10. Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31. Record the adjusting entry for interest.11. Unpaid salaries at the end of January are $33,900. Record the adjusting entry for salaries.12. Record the closing entry for revenue.13. Record the closing entry for expenses.there are separated parts to one question. thank you sm! On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances:Debit$ 24, 70014,000AccountsCreditCashAccounts ReceivableAllowance for Uncollectible Accounts$ 1,600SuppliesNotes Receivable (5%, due in 2 years)2,90024, 00077,400Land8,6e0100, e0032,800$143, e00Accounts PayableCommon StockRetained EarningsTotals$143,000During January 2021, the following transactions occur:January 2 Provide services to customers for cash, $39,100.January 6 Provide services to customers on account, $76,400.January 15 Write off accounts receivable as uncollectible, $1,400.January 20 Pay cash for salaries, $31,800.January 22 Receive cash on accounts receivable, $74,009.January 25 Pay cash on accounts payable, $5,900.January 30 Pay cash for utilities during January, $14,100.The following information is available on January 31. 2021.a. The company estimates future uncollectible accounts. The company determines $5.400 of accounts receivable on January 31 arepast due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are notpast due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balancecalculated in the general ledger.)b. Supplies at the end of January total $900.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 $33,90o.GeneralJournalGeneralIncomeRequirementTrial BalanceBalance SheetAnalysisLedgerStatement GeneralJournalGeneralIncomeRequirementTrial BalanceBalance SheetАnalysisLedgerStatementEnter your Accounts Receivable turnover value in 1 decimal place and Ratio of Allovance for Uncollectible Accounts in Whole number.Analyze how well 3D Family Fireworks manages its receivables(a) Calculate the receivables turnover ratio for the month of January (Hint: For the numerator, use total services provided to customers onaccount). If the industry average of the receivables turnover ratios for the month of January is 4.3 times, is the company collecting cashfrom customers more or less efficiently than other companies in the same industry?Accounts Receivable turnover:timesThe company is collecting more efficiently. (true or false)(b) Calculate the ratio of Allowance for Uncollectible Accounts to Accounts Receivable at the end of January. Based on a comparison ofthis ratio to the same ratio at the beginning of January, does the company expect an improvement or worsening in cash collections fromcustomers on credit sales?Ratio of Allowance for Uncollectible Accounts to Accounts ReceivableShould the company expect improving or worsening conditions?< Balance SheetAnalysis >

Name: Journal entry: 1. Provide services to customers for cash, $39,100.2. P
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Description: Journal entry: 1. Provide services to customers for cash, $39,100.2. Provide services to customers on account, $76,400.3. Write off accounts receivable as uncollectible, $1,400.4. Pay cash for salaries, $31,800.5. Receive cash on accounts receivable,