On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Accounts Debit Credit $ 25,900 Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (5%, due in 2 years) 14,600 2,800 3,500 30,000 78,000 Land Accounts Payable 9,800 106,000 33,400 Common Stock Retained Earnings $152,000 $152,000 Totals During January 2021, the following transactions occur: 2 Provide services to customers for cash, $45,100. 6 Provide services to customers on account, $82,400. January January January 15 Write off accounts receivable as uncollectible, $2,400. January 20 Pay cash for salaries, $32,400 January 22 Receive cash on accounts receivable, $80,000. January 25 Pay cash on accounts payable, $6,500. January 30 Pay cash for utilities during January, $14,700. The following information is available on January 31, 2021. a. The company estimates future uncollectible accounts. The company determines $6,000 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger.) b. Supplies at the end of January total $750. C. Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31 d. Unpaid salaries at the end of January are $34,500. Journal entry worksheet 8 13 4 5 6 7 1 The company estimates future uncollectible accounts. The company determines $6,000 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts Note: Enter debits before credits. General Journal Date Debit Credit Bad Debt Expense Jan 31, 2021 Allowance for Uncollectible Accounts Record entry Clear entry View general journal Journal entry worksheet 4 5 6 8 13 1 9 Supplies at the end of January total $750. Record the adjusting entry for supplies Note: Enter debits before credits Date General Journal Debit Credit Jan 31, 2021 Record entry Clear entry View general journal Journal entry worksheet 10 13 5 7 Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31. Record the adjusting entry for interest. Note: Enter debits before credits. Date General Journal Debit Credit Jan 31, 2021 View general journal Record entry Clear entry O Journal entry worksheet