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Prepare the journal entries for only a,b,c,d (january 31) And then prepare one closing entry for revenue and one closing entry for expenses C Not

Prepare the journal entries for only a,b,c,d (january 31)
And then prepare one closing entry for revenue and one closing entry for expenses image text in transcribed
C Not secure | ezto mheducat On January 1, 2018, the general ledger of 3D Family Fireworks includes the following endng account balances 5 23.900 3,600 S 1,400 2.500 20.000 77000 Notes Receivable (8% due in 2 years) Accounts Payable Common Stock Retained Eamings .200 96.000 Totals 137 000 $137.000 During January 2018, the following transactions occur January 2 Provide services to customers for cash $35,100 January 6 Provide services to customers on account $72,400 January 15 White off accounts receivable as uncollectible $1,000 January 20 Pay cash for salaries $31 400 January 22 Receive cash on accounts recelvable $70,000 January 25 Pay cash on accounts payable $5 500 January 30 Pay cash for uitlities during January $13.700 The following information is available on January 31. 2018 a The company estimates future uncollectible accounts Al the end of January, considering the total ending balance of the accounts receivabie account, $5.,000 s now past due (older than 90 days) whee the remander of the balance s current (less than 90 days ok) The company estates that 20%ofthe past due balance wil be uncoledble and Only Satme curent balance wil become b Supplies at the end of January total $700 c Accrued interest revenue on notes receivable for January Interest is expected to be received each December 31 d Unpaid salanes at the end of January are $33,500 O Type here to search 10

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