Accounts Debit Cash Accounts Receivable: Allowance for Uncollectible Accounts $ 25,700 47,400 Inventory Land Equipment Accumulated Depreciation Accounts Payable Notes Payable (6%, due April 1, 2022) Common Stock Retained Earnings Totals Credit $ 4,800 20,600 52,000 18,000 2,100 29,100 56,000 41,000 30,700 $163,700 $163,700 During January 2021, the following transactions occur; January 2 Sold gift cards totaling $9,200. The cards are redeemable for merchandise within one year of the purchase date. January 15 Firework sales for the first half of the month total $141,000. All desthese sales are on account. The cost of the units sold is $76,000. January 23 Receive $126,000 from customers on accounts receivable. January 25 Pay $96,000 to inventory suppliers on accounts payable. January 28 Write off accounts receivable as uncollectible, $5,400. January 30 Firework sales for the second half of the month total $149,000. Sales include $13,000 for cash and $136,000 on account. The cost of the units sold is $82,500. January 31 Pay cash for monthly salaries, $52,600. 7. Analyze the following for ACME Fireworks