Sir Cleansalot Cleaning uses the allowance method to estimate bad debts. Consider the following January

transactions for Sir Cleansalot:

$($Click the icon to view the January $2018$ transactions.$)$

$($Click the icon to view selected account balances at December $31,2017.)$

Read the requirements.

Requirement $1.$ Prepare all required journal entries for Sir Cleansalot. $($Record debits first, then credits. Select the

explanation on the last line of the journal entry table.$)$

Jan. $1$: Performed cleaning service for Delia's D $-$ list for $$5,000$ on account with terms $\frac{5}{10},\frac{n}{20}.$