On January 1, 2019, the general ledger of a company includes the following account balances Accounts Debit Credit Cash $ 76,000 Accounts Receivable 47,000 Allowance for Uncollectible Accounts $ 7,000 Inventory 36,000 Building 76,000 Accumulated Depreciation 16,000 Land 206,000 Accounts Payable 26,000 Notes Payable (7 , due in 3 years) 42,000 Common Stock 106,000 Retained Earnings 244,000 Totals $ 441,000 $ 441,000 The company accounts for all inventory transactions using the perpetual FIFO method Purchases and sales of inventory are recorded using the gross method for cash discounts The $36,000 beginning balance of inventory consists of 400 units, each costing $90 During January 2019, the company had the following transactions During January 2019, the following transactions occur January 2 Lent $26,000 to an employee by accepting 6 note due in six months January 5 Purchased 3,800 units of inventory on account for $380,000 ($100 each) with terms 1 10, n 30 January 8 Returned 140 defective units of inventory purchased on January 5 January 15 Sold 3,600 units of inventory on account for $432,000 ($120 each) with terms 2 10, n 30 January 17 Customers returned 100 units sold on January 15 These units are placed in inventory to be sold in the future January 20 Received cash from customers on accounts receivable This amount includes $42,000 from 2018 plus amount receivable on sale of 3,000 units sold on January 15 January 21 Wrote off remaining accounts receivable from 2018 January 24 Paid on accounts payable The amount includes the amount owed at the beginning of the period plus the amount owed from purchase of 3,400 units on January 5 January 28 Paid cash for salaries during January, $34,000 January 29 Paid cash for utilities during January, $16,000 January 30 Paid dividends, $9,000 The following information is available on January 31, 2019 Of the remaining accounts receivable, the company estimates that 10 will not be collected Accrued interest income on notes receivable for January Accrued interest expense on notes payable for January Accrued income taxes at the end of January for $5,600 Depreciation on the building, $2,600 Need help with recording transactions

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On January 1, 2019, the general ledger of a company includes the following account balances: Accounts Debit Credit Cash $ 76,000 Accounts Receivable 47,000 Allowance

On January 1, 2019, the general ledger of a company includes the following account balances:

Accounts	Debit		Credit
Cash	$	76,000
Accounts Receivable		47,000
Allowance for Uncollectible Accounts			$	7,000
Inventory		36,000
Building		76,000
Accumulated Depreciation				16,000
Land		206,000
Accounts Payable				26,000
Notes Payable (7%, due in 3 years)				42,000
Common Stock				106,000
Retained Earnings				244,000
Totals	$	441,000	$	441,000

The company accounts for all inventory transactions using the perpetual FIFO method. Purchases and sales of inventory are recorded using the gross method for cash discounts. The $36,000 beginning balance of inventory consists of 400 units, each costing $90. During January 2019, the company had the following transactions: During January 2019, the following transactions occur:

January	2	Lent $26,000 to an employee by accepting 6% note due in six months.
January	5	Purchased 3,800 units of inventory on account for $380,000 ($100 each) with terms 1/10, n/30.
January	8	Returned 140 defective units of inventory purchased on January 5.
January	15	Sold 3,600 units of inventory on account for $432,000 ($120 each) with terms 2/10, n/30.
January	17	Customers returned 100 units sold on January 15. These units are placed in inventory to be sold in the future.
January	20	Received cash from customers on accounts receivable. This amount includes $42,000 from 2018 plus amount receivable on sale of 3,000 units sold on January 15.
January	21	Wrote off remaining accounts receivable from 2018.
January	24	Paid on accounts payable. The amount includes the amount owed at the beginning of the period plus the amount owed from purchase of 3,400 units on January 5.
January	28	Paid cash for salaries during January, $34,000.
January	29	Paid cash for utilities during January, $16,000.
January	30	Paid dividends, $9,000.

The following information is available on January 31, 2019.

Of the remaining accounts receivable, the company estimates that 10% will not be collected.
Accrued interest income on notes receivable for January.
Accrued interest expense on notes payable for January.
Accrued income taxes at the end of January for $5,600.
Depreciation on the building, $2,600.

Need help with recording transactions