On March 12, Medical Waste Services provides services on account to Grace Hospital for $11,000, terms 2/10, n/30. Grace does not pay for services until March 31 , missing the 2% sales discount. Required: For Grace Hospital, record the purchase of services on account on March 12 and the payment of cash on March 31 . (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet For Grace Hospital, record the purchase of services on account of $11,000 on March 12 , with terms 2/10,n/30. Note: Enter debits before credits. On March 12, Medical Waste Services provides services on account to Grace Hospital for $11,000, terms 2/10, n/30. Grace does not pa for services until March 31 , missing the 2% sales discount. Required: For Grace Hospital, record the purchase of services on account on March 12 and the payment of cash on March 31 . (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the payment of cash on March 31 , missing the 2% sales discount. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances: During January 2024 , the following transactions occur: January2January6January15January20January22January25January30Provideservicestocustomersforcash,$35,100.Provideservicestocustomersonaccount,$72,400.Writeoffaccountsreceivableasuncollectible,$1,000.(Assumethecompanyusestheallowancemethod)Paycashforsalaries,$31,400.Receivecashonaccountsreceivable,$70,000.Paycashonaccountspayable,$5,500.PaycashforutilitiesduringJanuary,$13,700. 4. Prepare an income statement for the period ended January 31, 2024