On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances:
Accounts Debit Credit
Cash $ 25,600
Accounts Receivable 47,200
Allowance for
Uncollectible Accounts $ 4,700
Inventory 20,500
Land 51,000
Equipment 17,500
Accumulated Depreciation 2,000
Accounts Payable 29,000
Notes Payable
(6%, due April 1, 2022) 55,000
Common Stock 40,000
Retained Earnings 31,100
Totals $ 161,800 $ 161,800

During January 2021, the following transactions occur:
January 2 Sold gift cards totaling $9,000. The cards are redeemable for merchandise within one year of the purchase date.
January 6 Purchase additional inventory on account, $152,000.
January 15 Firework sales for the first half of the month total $140,000. All of these sales are on account. The cost of the units sold is $76,300.
January 23 Receive $125,900 from customers on accounts receivable.
January 25 Pay $95,000 to inventory suppliers on accounts payable.
January 28 Write off accounts receivable as uncollectible, $5,300.
January 30 Firework sales for the second half of the month total $148,000. Sales include $10,000 for cash and $138,000 on account. The cost of the units sold is $82,000.
January 31 Pay cash for monthly salaries, $52,500.

1. Record each of the transactions listed above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

The recording of journal entries in the books of accounts is the first step of the accounting cycle. It records all the business transactions those are of monetary nature. The transactions are recorded in the chronological order using the double entry book keeping system.

The journal entries in the books of ACME Fireworks for the month of January is attached in the image below.

To know more about journal entries, refer to the link:

link

Answer and Explanation:

The journal entries are shown below:

1. Cash Dr $9,000

      To Deferred revenue $9,000

(Being the deferred revenue is recorded)

2. Inventory $152,000

        To Account payable $152,000

(Being the inventory purchased on account is recorded)

3. Account receivable $140,000

          To Sales revenue $140,000

(Being the sales revenue is recorded)

Cost of goods sold Dr $76,300

      To Inventory $76,300

(Being the cost of goods is recorded)

4. Cash Dr $125,900

      To Account receivable $125,900

(Being cash received is recorded)

5. Account payable $95,000

        To Cash$95,000

(Being the cash paid is recorded)

6. Allowance for uncollectible accounts $4,700

   Bad debt  $600

         To Account receivable $5,300

(Being the bad debt expense is recorded)

Cash $10,000

   Account receivable $138,000

           To Sales revenue $148,000

(Being the cash received is recorded)

7. Salaries expense $52,500

          To cash $52,500

(being the salaries expense is recorded)

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.