On January 1, 2021, the general ledger of Tripley Company included the following account balances: Accounts Debit Credit Cash $274,000 Accounts receivable 74,000 Allowance for uncollectible accounts $ 37,400 Inventory 33,400 Building 243,400 Accumulated depreciation 44,000 Land 248,600 Accounts payable 190,000 Notes payable (8%, due in 3 years) 240,000 Common stock 119,600 Retained earnings 242,400 Totals $873,400 $873,400 Return to question The $33,400 beginning balance of inventory consists of 334 units, each costing $100. During January 2021, the company had the following transactions: January 2 Lent $54,000 to an employee by accepting a 6% note due in six months. 5 Purchased 5,200 units of inventory on account for $572,000 ($110 each) with terms 1/10, n/30. 8 Returned 100 defective units of inventory purchased on January 5. 15 Sold 5,000 units of inventory on account for $820,000 ($164 each) with terms 2/10, n/30. 17 Customers returned 200 units sold on January 15. These units were initially purchased by the company on January 5. The units are placed in inventory to be sold in the future. 20 Received cash from customers on accounts receivable. This amount includes $39,400 from 2020 plus amount receivable on sale of 4,400 units sold on January 15. 21 Wrote off remaining accounts receivable from 2020. 24 Paid on accounts payable. The amount includes the amount owed at the beginning of the period plus the amount owed from purchase of 4,800 units on January 5. 28 Paid cash for salaries during January, $62,000. 29 Paid cash for utilities during January, $44,000. 30 Paid dividends, $6,400. Month-end adjusting entries: Month-end adjusting entries: a. Of the remaining accounts receivable, the company estimates that 10% will not be collected. b. Accrued interest revenue on notes receivable for January. c. Accrued interest expense on notes payable for January. d. Accrued income taxes at the end of January for $8,400. e. Depreciation on the building, $5,400. Answer is not complete. General Requirement Journal General Ledger Trial Balance Income Statement Balance Sheet Analysis Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "N required" in the first account field.)