1m 8 Journalize the following transactions in the general journal provided. Jan 4 A sale for $3 500 of merchandise costing $2 500 was made to a customer on account 4m 5 The business used last year's figures to determine that 5% of total sales of $80 400 would be uncollectible. Use the allowance method to record this entry. 3m 16 Smith Receivable cannot pay off an account receivable for $900 and needs more tin we recorded the $900 account receivable as a note receivable for 120 days at 7%. Record this change 2m 19 Our business provides a sale worth $9 500 to a customer in exchange for a note receivable for 60 days at 4%. Merchandise cost $5 000. 4m 24 Johnson paid off his note receivable with $3 300 cash which included interest 4m receivable of $200, interest revenue of $100 and a note receivable of $3 000. 1 25 4m 2m Swartz cannot pay off his note of $2 300 that consists of $200 interest receivable, $100 interest revenue, and a note receivable of $2 000. Record the transactions dishonquring the note receivable and then ii recording it as uncollectible. 45=total mks General Journal Page Date Particulars PR Debit Credit