Accounting Cycle Review 15 a-e

Cullumber Corporations trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below.

Can't figure out cash dividends or bad debt expense for the life of me. Please help if you can, thank you so so much

Accounting Cycle Review 15 a-e Cullumber Corporation's trial balance at December 31, 2020, is presented below. All 2020 transactions have been recorded except for the items described below. Debit Credit $27,500 59,000 23,400 64,700 93,600 33,000 $430 29,500 13,400 19,400 -0- -0- Cash Accounts Receivable Inventory Land Buildings Equipment Allowance for Doubtful Accounts Accumulated Depreciation-Buildings Accumulated Depreciation Equipment Accounts Payable Interest Payable Dividends Payable Unearned Rent Revenue Bonds Payable (10%) Common Stock ($10 par) Paid-in Capital in Excess of Par-Common Stock Preferred Stock ($20 par) Paid-in Capital in Excess of Par-Preferred Stock Retained Earnings Treasury Stock Cash Dividends Sales Revenue Rent Revenue 8,800 44,000 34,000 6,800 -0- -0- 73,870 -0- -0- 565,000 -0- -0- -0- Bad Debt Expense Interest Expense Cost of Goods Sold Depreciation Expense Other Operating Expenses Salaries and Wages Expense 391,000 -0- 38,600 64,400 Total $795,200 $795,200 1. on January 1, 2020, Cullumper issued 1,000 shares or 20 par, 6% prererrea scock for $21,000. 2. On January 1, 2020, Cullumber also issued 1,100 shares of common stock for $26,400. 3. Cullumber reacquired 250 shares of its common stock on July 1, 2020, for $46 per share. 4. On December 31, 2020, Cullumber declared the annual cash dividend on the preferred stock and a $1.30 per share dividend on the outstanding common stock, all payable on January 15, 2021. 5. Cullumber estimates that uncollectible accounts receivable at year-end is $5,900. 6. The building is being depreciated using the straight-line method over 30 years. The salvage value is $5,100. 7. The equipment is being depreciated using the straight-line method over 10 years. The salvage value is $3,300. 8. The unearned rent was collected on October 1, 2020. It was receipt of 4 months' rent in advance (October 1, 2020 through January 31, 2021). 9. The 10% bonds payable pay interest every January 1. The interest for the 12 months ended December 31, 2020, has not been paid or recorded. (Ignore income taxes.) Your answer is partially correct. Try again. Prepare journal entries for the transactions and adjustment listed above. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit 1. Cash 21000 Preferred Stock 20000 Paid-in Capital in Excess of Par-Preferred Stock 1000 2. Cash 26400 Common Stock 11000 Paid-in Capital in Excess of Par-Common Stock 15400 3. Treasury Stock 11500 Cash 11500 4. Cash Dividends 6244 x Dividends Payable 6244 X 5. Bad Debt Expense 5900 Allowance for Doubtful Accounts 5900