Required information

Exercise $9-24($Static$)$ Complete the accounting cycle using long$-$term liability transactions $($LO$9-2,9-8)$

$[$The following information applies to the questions displayed below.$]$

On January $1,2024,$ the general ledger of Freedom Fireworks includes the following account balances:

$\backslash$table$[[$Accounts$,$Debit,Credit$],[$Cash$,$$$11,200,],[$Accounts Receivable,$34,000,],[$Allowance for Uncollectible Accounts,,$$1,800$