I need help with 14 and 15 on the general journal and to make sure the income statement is correct.

On January 1, 2021, the general ledger of TNT Fireworks includes the following account balances: Nccount Debit Credit Canh 560.200 Rocounts Receivable 28,000 Allowance for Uncollectible accounts $ 3,700 Inventory 37,800 Notes Receivable (51, due in 2 years) 30,000 Land 170,000 Macounts Payable 16,300 Cotton Stock 235,000 Retained Earnings 21,000 Total 5326,000 9326,000 During January 2021, the following transactions occur: January 1 Purchase equipment for 521.000. The company estimates a cosidual value of $3,000 and a six-year service life. January 4 Pay cash on accounts payable. $11,000. January 8 Purchase additional inventory on account. 397,900. January 15 Receive cash on accounts receivable, 323,500. January 19 Pay cash for salario $31,300. January 28 Pay canh for January utilities, 910,000. January 30 Sales for January total $235,000. All of those sales are on account. The cost of the wolte sold i $122.500 The following information is available on January 31, 2021 a. Depreciation on the equipment for the month of January is calculated using the straight-line method. b. Accrued interest revenue on notes receivable for January c. Unpaid solaries at the end of January are $34.100 d. Accrued income taxes at the end of January are $10,500. e. The company estimates and records bad debt expense (and adds to the Allowance account through this journal entry) at the end of each month. At the end of January, the company determines that determines $4.500 of the total Accounts Receivable account is over 90 days old, with the remaining A/R balance being current (Hint use the A/R balance in the General Ledger Tob), 50% of the ASR older than 90 days is estimated to be uncollectible, and 2% of the current balance is estimated to be uncollectible. Please calculate the amount that needs to be added to the Allowance account and Bad Debt Expense and complete the journal entry. (Watch video tutorial on this subject https://vimeo.com/edivideo/review/25453186717c9cc2021) Cerov 20 of 20 H Next account field.) View transaction list Journal entry worksheet 10 11 12 13 14 15 Record the closing entry for revenue. Note: Enter debits before credits Dato Jan 31 Gonoral Journal Debit Credit Record Clear entry View general Journal Mc Graw Prey 20 of 20 Nex On January 1, 2021, the general ledger of TNT Fireworks includes the following account balances: Nccount Debit Credit Canh 560.200 Rocounts Receivable 28,000 Allowance for Uncollectible accounts $ 3,700 Inventory 37,800 Notes Receivable (51, due in 2 years) 30,000 Land 170,000 Macounts Payable 16,300 Cotton Stock 235,000 Retained Earnings 21,000 Total 5326,000 9326,000 During January 2021, the following transactions occur: January 1 Purchase equipment for 521.000. The company estimates a cosidual value of $3,000 and a six-year service life. January 4 Pay cash on accounts payable. $11,000. January 8 Purchase additional inventory on account. 397,900. January 15 Receive cash on accounts receivable, 323,500. January 19 Pay cash for salario $31,300. January 28 Pay canh for January utilities, 910,000. January 30 Sales for January total $235,000. All of those sales are on account. The cost of the wolte sold i $122.500 The following information is available on January 31, 2021 a. Depreciation on the equipment for the month of January is calculated using the straight-line method. b. Accrued interest revenue on notes receivable for January c. Unpaid solaries at the end of January are $34.100 d. Accrued income taxes at the end of January are $10,500. e. The company estimates and records bad debt expense (and adds to the Allowance account through this journal entry) at the end of each month. At the end of January, the company determines that determines $4.500 of the total Accounts Receivable account is over 90 days old, with the remaining A/R balance being current (Hint use the A/R balance in the General Ledger Tob), 50% of the ASR older than 90 days is estimated to be uncollectible, and 2% of the current balance is estimated to be uncollectible. Please calculate the amount that needs to be added to the Allowance account and Bad Debt Expense and complete the journal entry. (Watch video tutorial on this subject https://vimeo.com/edivideo/review/25453186717c9cc2021) Cerov 20 of 20 H Next account field.) View transaction list Journal entry worksheet 10 11 12 13 14 15 Record the closing entry for revenue. Note: Enter debits before credits Dato Jan 31 Gonoral Journal Debit Credit Record Clear entry View general Journal Mc Graw Prey 20 of 20 Nex