Required Information [The following information applies to the questions displayed below) Web Wizard, Incorporated, has provided Information technology services for several years. For the first two months of the current year, the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quarter the company switched to the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quartet a During January, the company provided services for $43,000 on credit b. on January 31, the company estimated bad debts using 2 percent of credit sales On February 4 the company collected $21.500 of accounts receivable d on February 15, the company wrote off $100 account receivable e During February, the company provided services for $33.000 on credit On February 28, the company estimated bad debts using 2 percent of credit sales. g On March 1, the company loaned $3,000 to an employee, who signed a 6% note, due in 6 months h. On March 15, the company collected $100 on the account written off one month earlie 1 On March 31, the company accrued Interest eared on the note j. on March 31, the company adjusted for uncollectible accounts, based on the following aging analysis, which includes the preceding transactions (as well as others not listed. Prior to the adjustment, Allowance for Doubtful Accounts has an unadjusted credit balance of $1.230. nices 520 Customer Alabasa Tour Bayside Bungalows Others (not shown to save space) xciting xcursions Total Accounts Receivable Estimated Uncollectible Total $ 200 30 27. 54.30 100 3,70 7.100 an 57,600 $11.30 $ 3.7 512 $1,230 2. Prepare the journal entries for nems (a) to (1 of no entry is required for a transaction event, select "No Journal Entry Required in the first account field. Do not round Intermediate calculations.) View transaction list Journal entry worksheet 2 8 11 Record service revenue of 543,000 hold on account during January Note Edebblore che k