2024 March 17 Accounts receivable of $2,600 were written off as uncollectible. The conpany wises the allowance nethed. March 39 toaned an officer of the conpany 533,000 and received a note requiring principal and interest at 7 to be paid on March May 30 Discounted the $33,6e, note at a local bank. The bank's discount rate is 8t, The note was disccunted without recourse and the sale criteria are met. June sold merchandise to the Blankenahip Company for 521 , eee. Terme of the sale are 4/10, n/3e. Weldon uses the grosi method to account for cash discounts. July 8 The Blankenship Coepany paid its account in full. August 31 sold stock in a nonpublic company with a book value of $5,900 and accepted a $6,90e nonintereat-bearing note with a discount rate of 8 . The $6,900 payment is due on February 28 , 2025 . The stock has no ready market value. Decenter 31 Heldon estimates that the allowance for uncollectible accounts should have a balance in it. at year-end equal to as of the gross accounts receivable balance of $680,900. The allose Required: 18.2 . Prepare journal entries for each of the above transactions and adcitional year-end adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field, Do not round intermediate calculations and round your final answers to nearest whole dollar