Compute the following journal entries.

0-30 Over 90 $3,000 Total $5,500 $2,750 $10,500 $2,250 $21,000 Number of Days Unpaid 31-60 61-90 $2,500 $2,750 $5,150 $5,350 $2,250 $5,250 3% $2,500 8% $7,900 15% $5,350 25% a. September 1, the company loaned $25,000 to an executive who signed a 5% note, due in 6 months. b. During September, the company provided services for $500,000 on credit. c. September 30, the company estimated bad debts using 2 percent of credit sales. d. October 17, the company collected $300,000 of accounts receivables. e. October 21, the company wrote off a $5,000 accounts receivable. f. During October, the company provided services for $400,000 on credit. g. October 31, the company estimated bad debts using 2 percent of credit sales. h. November 30, the company adjusted for uncollectible accounts based on the aging analysis on the next tab. Allowance for doubtful accounts has an unadjusted credit balance of $2,000. i. December 31, the company accrued interest earned on the note from transaction (a). j. January 10, the company collected the $5,000 on the account that was previously written off in transaction (e). k. The executive paid back the note in full with interest on February 28 (maturity date of the 6 month loan)