At the end of the year, Brinkley Incorporated's balance of Allowance for Uncollectible Accounts is $2,000 (debit) before adjustment. The company estimates future uncollectible accounts to be 5% of credit sales for the year. Credit sales for the year total $115,000. What adjustment would Brinkley record for Allowance for Uncollectible Accounts using the percentage-of-credit-sales method? (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for Allowance for Uncollectible Accounts Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Damon Company receives its monthly bank statement, which reports a balance of $1,975. After comparing this to the company's cash records, Damon's accountants determine that deposits outstanding total $4,100 and checks outstanding total $4,350. Required: Calculate the reconciled bank balance for cash. (Amounts to be deducted should be indicated with a minus sign.) Bank balance Deposits outstanding Checks outstanding Reconciled bank balance On October 1, 2021, Oberley Corporation loans one of its employees $27,000 and accepts a 12-month, 10% note receivable Calculate the amount of interest revenue Oberley will recognize in 2021 and 2022 Year Interest Revenue 2021 2022