i Required information [The following information applies to the questions displayed below.] On January 1, Year 1, the general ledger of a company includes the following account balances: Accounts Credit Debit Cash $ 27,500 Accounts Receivable 15,400 Allowance for Uncollectible Accounts $ 1,650 Supplies 4,300 Notes Receivable (6%, due in 2 years) 22,000 Land 80,700 Accounts Payable 12,050 Common Stock 102,000 Retained Earnings 34,200 Totals $149,900 $149,900 During January Year 1, the following transactions occur: January 2 Provide services to customers for cash, $53,100. January 6 Provide services to customers on account, $90,400. January 15 Write off accounts receivable as uncollectible, $4,100. January 20 Pay cash for salaries, $33,200. January 22 Receive cash on accounts receivable, $88,000. January 25 Pay cash on accounts payable, $7,300. January 30 Pay cash for utilities during January, $15,500. 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)