M Inbox (17) M Inbax (108)- ka ACCT-2103-7C 2713 0.50 points Required Information Journal entry worksheet January 1 Purchase equipment for 5500 The company estmanes a residual value of $1500 and a five year service Me lanuary 4 Pay cash on accounts payable, $9,500 laruary Purchase addionai memry on ocourt, 82.902. anuary 15 Receive cash on accounts neceivable $22.000 anuary t9 Pay cash for salaries $29,800 January 28 Pay cash for January uisies $6 500 January 30 Firework sales for Jenuary total $220.000 Al of shese salese account The cost of the unts soid is $115.000 Record the entry to close the expense accounts Information for adjuniting enties t Deprecation on he equprme"for more, ofJanwys sraight ine method 2 At the end of$3,000 of accounes necelvabie are past due and any estmates that 50% of these emaining accounts included in the Unpaid salwies at the end of Janury ae $32 60 S Accrued income taxes at the end of muary ane $9,000 no