FINANCIAL ACCOUNTING:

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1. Record the adjusting entry for collectible accounts

2. Record the adjusting entry for supplies

3. Record the adjusting entry for interest revenue

4. Record the adjusting entry for salaries payable

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1. Record the closing entry for revenue accounts

2. Record the closing entry for expense accounts

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[The following information applies to the questions displayed below,] On January 1, 2018, the general ledger of 3D Family Fireworks includes the following account balances Debit Credit Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (6%, due in 2 years) Land Accounts Payable Common Stock Retained Earnings $ 24,100 13,700 $1,000 2,600 21,000 77100 1,000 8,000 97,000 32,500 Totals $138,500 $138,500 During January 2018, the following transactions occur: January 2 Provide services to customers for cash, $36,100 January 6 Provide services to customers on account, $73,400. January 15 Write off accounts receivable as uncollectible, $800. January 20 Pay cash for salaries, $31,500. January 22 Receive cash on accounts receivable, $71,000. January 25 Pay cash on accounts payable, $5,600 January 30 Pay cash for utilities during January, $13,800