must use headings from the list provided. thanks!

Question 3 [30 points] Weber Inc. began operations on January 1, 2013. During the next two years, the company completed a number of transactions involving credit sales, accounts receivable collections and bad debts. Prepare journal entries to record Weber Inc.'s 2013 and 2014 summarized transactions and the adjusting entries to record bad debt expense at the end of each year (December 31). Enter the letter of the transaction as the description for the journal entry. Dates must be entered in the format dd/mmm (ie. 15/Jan). T- Accounts have been provided for your calculations, but will not be marked The transactions are summarized as follows (assume a perpetual inventory system) 2013 a January 8 Weber Inc, sold merchandise to Callaho Inc. for $1,188,000 under credit terms of n/30, FOB destination. The merchandise had cost $928,000. b. May 26: Wrote off uncollectible accounts receivable in the amount of $28,000. c. September 10: Payments of outstanding accounts received totalled $520,000 d. December 31: While accounts were being adjusted on December 31, it was concluded that 1% of the outstanding accounts receivable would become uncollectible. 2013 a January 8 : Weber Inc. sold merchandise to Callaho Inc for $1,188,000 under credit terms of n/30, FOB destination. The merchandise had cost $928,000 b. May 26 Wrote off uncollectible accounts receivable in the amount of $28,000. cSeptember 10 Payments of outstanding accounts received totalled $520,000. d December 31: While accounts were being adjusted on December 31, it was concluded that 1% of the outstanding accounts receivable would become uncollectible, General Journal Account/Explanation Page GJI F Debit Credit Date Accounts Receivable + - - + - Allowance for Doubtful Acts + - + TI 2014 a. April 20 Weber Inc. sold merchandise to Callaho Inc. for $1,056,000 under credit terms of n/30, FOB destination. The merchandise had cost $832,000 b. July 23 $16,000 of uncollectible accounts receivable were written off. c. November 16 Payments of outstanding accounts received totalled $240,000 d. December 31: In adjusting the accounts on December 31, concluded that 1% of the outstanding accounts receivable would become uncollectible. General Journal AccountExplanation Page GJI F Debit Credit Date Accounts Receivable + + - + Allowance for Doubtful Accts + + Choose an Account or Heading Categories: Accounts and Headings: All Accounts Payable Assets Accounts Receivable, Callaho Inc. Liabilities Accumulated Depreciation, Automobiles Equity Accumulated Depreciation, Boats Equity Accumulated Depreciation, Building Revenues Accumulated Depreciation, Equipment Expenses Accumulated Depreciation, Furniture Other Accumulated Depreciation, Land Improvement Accumulated Depreciation, Machinery Accumulated Depreciation, Trucks Advertising Expense Advertising Payable Allowance for Doubtful Accounts Auto Expense Automobiles Bad Debts Expense Bank Service Charge Expense Boats Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Boats Assets Bonds Payable Liabilities Building Equity Cash Equity Cash Over and Short Revenues Commissions Earned Expenses Consulting Revenue Earned Other Copyright Cost Of Goods Sold Credit Card Expense Delivery Expense Depreciation Expense, Automobiles Depreciation Expense, Boats Depreciation Expense, Building Depreciation Expense, Equipment Depreciation Expense, Furniture Depreciation Expense, Land Improvements Denreciation Expense Machinen Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Depreciation Expense, Machinery Assets Depreciation Expense, Trucks Liabilities Depreciation expense Equity Dividends Equity Equipment Revenues Food and Drinks Expense Expenses Furniture Other Income Summary Income Taxes Expense Income Taxes Payable Insurance Expense Interest Earned Interest Expense Interest Payable Interest Receivable Investment in Bonds Janitorial Expense Land Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Land Assets Land Improvements Liabilities Long-Term Notes Payable Equity Long-term Investment in Shares Equity Machinery Revenues Merchandise Inventory Expenses Mortgage Payable Other Notes Receivable Office Salaries Expense Office Supplies Office Supplies Expense Patents Petty Cash Postage Expense Prepaid Advertising Prepaid Insurance Prepaid Interest Prenaid Rent Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Prepaid Rent Assets Property Taxes Expense Liabilities Property Taxes Payable Equity Rent Earned Equity Rent Expense Revenues Rent Payable Expenses Rent Receivable Other Rent expense, office space Rent expense, selling space Repair Expense Retained Earnings Salaries Expense Salaries Payable Sales Sales Discounts Sales Returns and Allowances Sales Salaries Expense - Share Capital Search: Erase Cancel Choose an Account or Heading Categories: Accounts and Headings: All Retained Earnings Assets Salaries Expense Liabilities Salaries Payable Equity Sales Equity Sales Discounts Revenues Sales Returns and Allowances Expenses Sales Salaries Expense Other Share Capital Short-Term Notes Payable Store Supplies Expense Supplies Supplies Expense Trademark Trucks Unearned Consulting Revenue Unearned Rent Unearned Revenue Utilities Expense Search: Erase Cancel