Exercise $7-37($Algo$)$ General Ledger Exercise $[$L$07-5,7-6,7-7,7-9]$

On January $1,2024,$ the general ledger of $3$D Family Fireworks includes the following account balances:

$\backslash$table$[[$Accounts$,$Debit,Credit$],[$Cash$,$$$21,100,],[$Accounts Receivable,$10,980,],[$Allowance for Uncollectible Accounts,,$$1,400],[$Supplies$,2,580,],[$Notes Receivable $(6\%,$ due in $2$ years$),20,080,],[$Land$,54,780,],[$Accounts Payable,,$5,580],[$Common Stock,,$73,380],[$Retained Earnings,,$29,000],[$Totals$,$$$109,208,$$$109,200]]$

During January $2024,$ the following transactions occur:

January $2$ Provide services to custoners for cash, $$24,000.$

January $6$ Provide services to customers on account, $$67,500$

January $15$ Write off accounts receivable as uncollectible, $$900.$

January $20$ Pay cash for salaries, $$28,080.$

January $22$ Receive cash on accounts receivable, $$62,400.$

January $25$ Pay cash on accounts payable, $$4,160.$

January $30$ Pay cash for utilities during January, $$10,800.$

The following information is available on January $31,2024.$

$8.$ At the end of January, $$3,900$ of accounts receivable are past due, and the company estimates that $20\%$ of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that $5\%$ will not be collected. The note receivable of $$20,000$ is considered fully collectible and therefore is not included in the estimate of uncollectible accounts.

$9.$ Supplies at the end of January total $$660.$

$10.$ Accrued interest revenue on notes receivable for January. Interest is expected to be received each December $31.$

$11.$ Unpaid salaries at the end of January are $$23,300.$

$*$need help with entry #$8$