! Required information Exercise 5-22A Complete the accounting cycle using receivable transactions (LO5-1,5-2,5-4,5-5,5-7) (GL) [The following information applies to the questions displayed below.) The general ledger of Pop's Fireworks includes the following account balances in 2021 Credit Debit $ 24,800 50,500 $ 5,800 12,100 46,000 103,000 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (81, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Service Revenue Salaries Expense Utilities Expense Supplies Expense Totals 15,900 178,000 31,700 128,400 72,700 29,600 21,100 $359,800 ces $359,800 In addition, the following transactions occurred during 2021 and are not yet reflected in the account balances above: June 3 Provide additional services on account for $25,000. All services on account include terms 2/10, n/30. 8 Receive cash from customers within 10 days of the services being provided on account. The customers were originally charged $14,000. November 15 write oft customer accounts of $3,300 as uncollectible. June Exercise 5-22A Part 6 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Exercise 5-22A Part 6 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 Record the closure of revenue accounts. Note: Enter debits before credits General Journal Debit Credit Date Jan 21, 2021 Record entry Clear entry View general Journal Exercise 5-22A Part 6 6. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction ist Journal entry worksheet 0 2 Record the closure of expense accounts. Note: Enter debits before credits General Journal Debit Date Jan 31, 2021 Credit Record entry Clear entry View general Journal