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2. Record the following adjusting entries on December 31. (If no entry is required for a particular transaction/event, select No Journal Entry Required in the

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2. Record the following adjusting entries on December 31. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) a. Estimate that 10% of the balance of accounts receivable (after transactions in requirement ) will not be collected. b. Accrue interest on the note recelvable of $10,000, which was accepted on October 1,2021 . Interest is due each September 30. Journal entry worksheet Foten enter deates verare creors 1. Record each of the transactions listed above. (If no entry is required for a particular transaction/ Required" in the first account field.) Journal entry worksheet Record the services provided to customers on account, $7,000. Note: Enter debits before credits. 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in account field.) Journal entry worksheet Required: 1. Record each of the transactions listed above. (If no entry is required for a particular transaction/event, select "No Journal Entr Required" in the first account field.) Journal entry worksheet Record the accounts receivable written off as uncollectible, $1,500. Note: Enter debits before credits. Required information Exercise 5-22A Complete the accounting cycle using receivable transactions (LO5-1, 5-2, 5-4, 5-5, 5-7) [The following information applles to the questions displayed below.] The general ledger of Pop's Fireworks includes the following account balances in 2021: In addition, the following transactions occurred during 2021 and are not yet reflected in the account balances above: June 3 June n/30. customers can from customers within 10 dayn of the servicen being provided on account. The thovesber 15 Write off customer accounts of $1,500 as uncollectible. . 6. Record closing entrles. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 4. Prepare an income statement for the period ended December 31, 2021. (Amounts minus sign.) Required: 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.) Journal entry worksheet Record the cash recelved from the customer with sales discount against the receivable on account, $5,000. Note: Enter debits before credits. 2. Record the following adjusting entries on December 31. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) a. Estimate that 10% of the balance of accounts recelvable (after transactions in requirement ) will not be collected. b. Accrue interest on the note receivable of $10,000, which was accepted on October 1,2021 . Interest is due each September 30 . Journal entry worksheet

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