Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (6%, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals Debit Credit $ 25,500 14,400 $ 2,400 3,300 28,000 77,800 9,400 104,000 33,200 $149,000 $149,000 During January 2021, the following transactions occur January 2 Provide services to customers for cash, $43,100. January 6 Provide services to customers on account, $80,400 January 15 write off accounts receivable as uncollectible, $2,800 January 20 Pay cash for salaries, $32,200. January 22 Receive cash on accounts receivable, $78,888 January 25 Pay cash on accounts payable, 56,300 January 30 Pay cash for utilities during January, $14,500 The following Information is available on January 31, 2021 a. The company estimates future uncollectible accounts. The company determines $5,800 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not January 2 Provide services to customers for cash, 543,100. January 6 Provide services to customers on account, 580,400 January 15 write off accounts receivable as uncollectible, $2,000. January 20 Pay cash for salaries, $32,200 January 22 Receive cash on accounts receivable, $78,000 January 25 Pay cash on accounts payable, $6,300. January 30 Pay cash for utilities during January, $14,500. The following information is available on January 31, 2021. a. The company estimates future uncollectible accounts. The company determines $5,800 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger) b. Supplies at the end of January total $650. c. Accrued interest revenue on notes receivable for January, Interest is expected to be received each December 31 d. Unpaid salaries at the end of January are $34,300 Balance Sheet January 31, 2021 Assets Liabilities Current Assets Current Liabilities 0 0 0 0 0 Total Current Liabilities 0 0 0 Total Current Assets Long-term assets: Total Liabilities Stockholders' Equity 0 0 0 Total Stockholders' Equity 0 Total Liabilities & Stockholders' Equity $ $ Total Assets $ 0