just need the january 4th, 10th and the january 31st bad debt entries!!!! (the jan 4 and 10 is NOT 4100)

Show less View transaction list View journal entry worksheet No Date General Journal January 01 Salaries and Wages Payable Cash Credi Debit 1,600 K 1,600 2 13,000 January 02 Vehicles Cash 13,000 3 ce January 03 FICA Payable Withheld Income Taxes Payable Cash 600 500 1.100 4 January 04 Dividends Dividends Payable 5 January 05 Allowance for Doubtful Accounts Accounts Receivable 1,005 1,005 76 27.825 January 06 Accounts Receivable Sales Tax Payable Sales Revenue 1,575 26,250 7 12.250 January 06 Cost of Goods Sold Inventory 12.250 78 January 07 Sales Tax Payable Cash 500 500 7 9 2,400 January 08 Cash Treasury Stock 2.400 10 January 09 Cash Accounts Receivable 17.721 17,721 January 10 Dividends Payable Cash / 12 4,060 January 11 Inventory Accounts Payable 4,060 13 310 January 15 Depreciation Expense Accumulated Depreciation Equipment 310 14 January 15 Cash Accumulated Depreciation-Equipment Gain on Disposal of PPE Equipment 38,400 4,030 4,230 38,200 15 January 16 Salarios and Wages Exponso Payroll Tax Expense FICA Pavia 2.000 200 A SAN 44 # CIAL Required information Equipment 38,200 2,000 200 15 January 16 Salaries and Wages Expense Payroll Tax Expense FICA Payable Withheld Income Taxes Payable Unemployment Tax Payable Cash 300 250 50 1,600 8888 16 January 17 Notes Payable (long-term) Interest Payable Interest Expense Cash 23,100 520 95 CE 23,715 17 4,770 January 27 Accounts Receivable Sales Tax Payable Sales Revenue 270 4,500 18 1,800 January 27 Cost of Goods Sold Inventory 1,800 19 3,750 January 29 Deferred Revenue Sales Revenue 3,750 20 1,450 January 29 Cost of Goods Sold Inventory 1.450 721 January 30 Cash Discount on Bonds Payable Bonds Payable 91,372 9,628 101,000 22 January 31 Depreciation Expense Accumulated Depreciation-Vehicles 1 520 520 /23 January 31 Bad Debt Expense Allowance for Doubtful Accounts 24 1,820 January 31 Rent Expense Prepaid Rent 1.820 25 2,000 200 January 31 Salaries and Wages Expense Payroll Tax Expense Withheld Income Taxes Payable FICA Payable Unemployment Tax Payable Salaries and Wages Payable 250 300 50 1.600 26 January 31 Income Tax Expense Income Tax Payable 5,050 5,050 Required information The following information applies to the questions displayed below.) One Product Corporation (OPC) incorporated at the beginning of last year. The balances on its post-closing trial balance prepared on December 31, at the end of its first year of operations, were: Cash 20,710 Accounts Receivable 8,278 Allowance for Doubtful 995 Accounts Inventory 12,600 Prepaid Rent 1,820 Equipment 38,200 Accumulated Depreciation 3,720 Accounts Payable Sales Tax Payable 500 FICA Payable 600 Withheld Income Taxes 500 Payable Salaries and Wages Payable 1,600 Unemployment Tax Payable 300 Deferred Revenue 4,500 Interest Payable 520 Notes Payable (long-tern) 23, 100 Common Stock 16,480 Additional Paid-In Capital, Common 19,735 Retained Earnings 13,130 Treasury Stock 4,800 The following information is relevant to the first month of operations in the following year. OPC sells its inventory at $150 per unit, plus sales tax of 6 percent. OPC's January 1inventory balance consists of 180 units at a total cost of $12,600 OPC's policy is to use the FIFO method, recorded using a perpetual inventory system The $1.820 in Prepaid Rent relates to a payment made in December for January rent this year The equipment was purchased on July 1 of last year. It has a residual value of $1.000 and an expected life of five years. It is being depreciated using the straight-line method . Employee wages are $4,000 per month. Employees are paid on the 16th for the first half of the month and on the first day of the following month for the second half of each month. Withholdings each pay period include $250 of income taxes and $150 of FICA taxes. These withholdings and the employer's matching contribution are paid monthly on the second day of the following month In addition, unemployment taxes of $50 are accrued each pay period, and will be paid on March 31 Deferred Revenue is for 30 units ordered and paid for in aclvance by two customers in late December One order of 25 units is to be filled in January, and the other will be filled in February Notes Payable arises from a three-year, 9 percent bank loan received on October 1 last year. The par value on the common stock is $2 per share Treasury Stock arises from the reacquisition of 500 shares at a cost of $8 per share January Transactions a On 101, OPC paid employees' salaries and wages that were previously accrued on December 31 b. A truck is purchased on 1/02 for $13,000 cash, it is estimated this vehicle will be used for 50,000 miles, after which it will have no residual value. c Payroll withholdings and employer contributions for December are remitted on 1/03 d. OPC declares a $0,50 cash dividend on each share of common stock on V04, to be paid on 1/10 e A $1,005 customer account is written off as uncollectible on 1/05 On 106, recorded sales of 175 units of inventory on account Sales tax is charged but not yet collected or remitted to the state. g Sales taxes of $500 that had been collected and recorded in December are paid to the state on 107. h On 1/OR OPC cued 300 shares of treat stock for $2.400 January Transactions a. On 101. OPC paid employees' salaries and wages that were previously accrued on December 31 b. A truck is purchased on 102 for $13,000 cash. It is estimated this vehicle will be used for 50,000 miles, after which it will have no residual value. c Payroll withholdings and employer contributions for December are remitted on 1/03. d. OPC declares a $0.50 cash dividend on each share of common stock on 104, to be paid on 1/10. e. A $1,005 customer account is written off as uncollectible on 105. On 1/06, recorded sales of 175 units of inventory on account. Sales tax is charged but not yet collected or remitted to the state. 9. Sales taxes of $500 that had been collected and recorded in December are paid to the state on 107. h. On 1/08, OPC issued 300 shares of treasury stock for $2,400. 1. Collections from customers on account, totaling $17,721, are recorded on 109. 1. On 1/10, OPC distributes the $0.50 cash dividend declared on January 4. The company's stock price is currently $5 per share. k OPC purchases on account and receives 70 units of inventory on 1/11 for $4,060. 1. The equipment purchased last year for $38,200 is sold on 1/15 for $38,400 cash. Record depreciation for the first half of January prior to recording the equipment disposal. m. Payroll for January 1-15 is recorded and paid on 1/16. Be sure to accrue unemployment taxes and the employer's matching share of FICA taxes. n. Having sold the equipment, OPC pays off the note payable in full on 117. The amount paid is $23,715, which includes interest accrued in December and an additional $95 interest through January 17. o. On 127, OPC records sales of 30 units of inventory on account. Sales tax is charged but not yet collected or remitted. p. A portion of the advance order from December (25 units) is delivered on 1/29. No sales tax is collected on this transaction because the customer is a U.S. governmental organization that is exempt from sales tax. 4. To obtain funds for purchasing new equipment, OPC issued bonds on 1/30 with a total face value of $101,000, stated interest rate of 5 percent, annual compounding, and six-year maturity date. OPC received $91,372 from the bond issuance, which implies a market interest rate of 7 percent. On 131, OPC records units-of-production depreciation on the vehicle (truck), which was driven 2,000 miles this month. S. OPC estimates that 2% of the ending accounts receivable balance will be uncollectible. Adjust the applicable accounts on 131, using the allowance method. 1 On 1/31, adjust for January rent expired. u. Accrue January 31 payroll on 131, which will be payable on February 1. Be sure to accrue unemployment taxes and the employer's matching share of FICA taxes. v. Accrue OPC's corporate income taxes on 131, estimated to be $5,050. Show less View transaction list View journal entry worksheet No Date General Journal January 01 Salaries and Wages Payable Cash Credi Debit 1,600 K 1,600 2 13,000 January 02 Vehicles Cash 13,000 3 ce January 03 FICA Payable Withheld Income Taxes Payable Cash 600 500 1.100 4 January 04 Dividends Dividends Payable 5 January 05 Allowance for Doubtful Accounts Accounts Receivable 1,005 1,005 76 27.825 January 06 Accounts Receivable Sales Tax Payable Sales Revenue 1,575 26,250 7 12.250 January 06 Cost of Goods Sold Inventory 12.250 78 January 07 Sales Tax Payable Cash 500 500 7 9 2,400 January 08 Cash Treasury Stock 2.400 10 January 09 Cash Accounts Receivable 17.721 17,721 January 10 Dividends Payable Cash / 12 4,060 January 11 Inventory Accounts Payable 4,060 13 310 January 15 Depreciation Expense Accumulated Depreciation Equipment 310 14 January 15 Cash Accumulated Depreciation-Equipment Gain on Disposal of PPE Equipment 38,400 4,030 4,230 38,200 15 January 16 Salarios and Wages Exponso Payroll Tax Expense FICA Pavia 2.000 200 A SAN 44 # CIAL Required information Equipment 38,200 2,000 200 15 January 16 Salaries and Wages Expense Payroll Tax Expense FICA Payable Withheld Income Taxes Payable Unemployment Tax Payable Cash 300 250 50 1,600 8888 16 January 17 Notes Payable (long-term) Interest Payable Interest Expense Cash 23,100 520 95 CE 23,715 17 4,770 January 27 Accounts Receivable Sales Tax Payable Sales Revenue 270 4,500 18 1,800 January 27 Cost of Goods Sold Inventory 1,800 19 3,750 January 29 Deferred Revenue Sales Revenue 3,750 20 1,450 January 29 Cost of Goods Sold Inventory 1.450 721 January 30 Cash Discount on Bonds Payable Bonds Payable 91,372 9,628 101,000 22 January 31 Depreciation Expense Accumulated Depreciation-Vehicles 1 520 520 /23 January 31 Bad Debt Expense Allowance for Doubtful Accounts 24 1,820 January 31 Rent Expense Prepaid Rent 1.820 25 2,000 200 January 31 Salaries and Wages Expense Payroll Tax Expense Withheld Income Taxes Payable FICA Payable Unemployment Tax Payable Salaries and Wages Payable 250 300 50 1.600 26 January 31 Income Tax Expense Income Tax Payable 5,050 5,050 Required information The following information applies to the questions displayed below.) One Product Corporation (OPC) incorporated at the beginning of last year. The balances on its post-closing trial balance prepared on December 31, at the end of its first year of operations, were: Cash 20,710 Accounts Receivable 8,278 Allowance for Doubtful 995 Accounts Inventory 12,600 Prepaid Rent 1,820 Equipment 38,200 Accumulated Depreciation 3,720 Accounts Payable Sales Tax Payable 500 FICA Payable 600 Withheld Income Taxes 500 Payable Salaries and Wages Payable 1,600 Unemployment Tax Payable 300 Deferred Revenue 4,500 Interest Payable 520 Notes Payable (long-tern) 23, 100 Common Stock 16,480 Additional Paid-In Capital, Common 19,735 Retained Earnings 13,130 Treasury Stock 4,800 The following information is relevant to the first month of operations in the following year. OPC sells its inventory at $150 per unit, plus sales tax of 6 percent. OPC's January 1inventory balance consists of 180 units at a total cost of $12,600 OPC's policy is to use the FIFO method, recorded using a perpetual inventory system The $1.820 in Prepaid Rent relates to a payment made in December for January rent this year The equipment was purchased on July 1 of last year. It has a residual value of $1.000 and an expected life of five years. It is being depreciated using the straight-line method . Employee wages are $4,000 per month. Employees are paid on the 16th for the first half of the month and on the first day of the following month for the second half of each month. Withholdings each pay period include $250 of income taxes and $150 of FICA taxes. These withholdings and the employer's matching contribution are paid monthly on the second day of the following month In addition, unemployment taxes of $50 are accrued each pay period, and will be paid on March 31 Deferred Revenue is for 30 units ordered and paid for in aclvance by two customers in late December One order of 25 units is to be filled in January, and the other will be filled in February Notes Payable arises from a three-year, 9 percent bank loan received on October 1 last year. The par value on the common stock is $2 per share Treasury Stock arises from the reacquisition of 500 shares at a cost of $8 per share January Transactions a On 101, OPC paid employees' salaries and wages that were previously accrued on December 31 b. A truck is purchased on 1/02 for $13,000 cash, it is estimated this vehicle will be used for 50,000 miles, after which it will have no residual value. c Payroll withholdings and employer contributions for December are remitted on 1/03 d. OPC declares a $0,50 cash dividend on each share of common stock on V04, to be paid on 1/10 e A $1,005 customer account is written off as uncollectible on 1/05 On 106, recorded sales of 175 units of inventory on account Sales tax is charged but not yet collected or remitted to the state. g Sales taxes of $500 that had been collected and recorded in December are paid to the state on 107. h On 1/OR OPC cued 300 shares of treat stock for $2.400 January Transactions a. On 101. OPC paid employees' salaries and wages that were previously accrued on December 31 b. A truck is purchased on 102 for $13,000 cash. It is estimated this vehicle will be used for 50,000 miles, after which it will have no residual value. c Payroll withholdings and employer contributions for December are remitted on 1/03. d. OPC declares a $0.50 cash dividend on each share of common stock on 104, to be paid on 1/10. e. A $1,005 customer account is written off as uncollectible on 105. On 1/06, recorded sales of 175 units of inventory on account. Sales tax is charged but not yet collected or remitted to the state. 9. Sales taxes of $500 that had been collected and recorded in December are paid to the state on 107. h. On 1/08, OPC issued 300 shares of treasury stock for $2,400. 1. Collections from customers on account, totaling $17,721, are recorded on 109. 1. On 1/10, OPC distributes the $0.50 cash dividend declared on January 4. The company's stock price is currently $5 per share. k OPC purchases on account and receives 70 units of inventory on 1/11 for $4,060. 1. The equipment purchased last year for $38,200 is sold on 1/15 for $38,400 cash. Record depreciation for the first half of January prior to recording the equipment disposal. m. Payroll for January 1-15 is recorded and paid on 1/16. Be sure to accrue unemployment taxes and the employer's matching share of FICA taxes. n. Having sold the equipment, OPC pays off the note payable in full on 117. The amount paid is $23,715, which includes interest accrued in December and an additional $95 interest through January 17. o. On 127, OPC records sales of 30 units of inventory on account. Sales tax is charged but not yet collected or remitted. p. A portion of the advance order from December (25 units) is delivered on 1/29. No sales tax is collected on this transaction because the customer is a U.S. governmental organization that is exempt from sales tax. 4. To obtain funds for purchasing new equipment, OPC issued bonds on 1/30 with a total face value of $101,000, stated interest rate of 5 percent, annual compounding, and six-year maturity date. OPC received $91,372 from the bond issuance, which implies a market interest rate of 7 percent. On 131, OPC records units-of-production depreciation on the vehicle (truck), which was driven 2,000 miles this month. S. OPC estimates that 2% of the ending accounts receivable balance will be uncollectible. Adjust the applicable accounts on 131, using the allowance method. 1 On 1/31, adjust for January rent expired. u. Accrue January 31 payroll on 131, which will be payable on February 1. Be sure to accrue unemployment taxes and the employer's matching share of FICA taxes. v. Accrue OPC's corporate income taxes on 131, estimated to be $5,050