Supplies at the end of January total $800. Record the adjusting entry for supplies. Note: Enter debits before credits. \begin{tabular}{|c|c|c|c|} \hline & & P & \\ \hline & & & \\ \hline & & 2 & \\ \hline Total Current Assets & 0 & Total Liabilitios & 0 \\ \hline Long-term assets: & & Stockholders' Equity & \\ \hline & & & 0 \\ \hline & & & 0 \\ \hline & & & 0 \\ \hline & & Total Stockholders' Equity & 0 \\ \hline Total Assets & $ & Total Liabilities \& Stockholders' Equity & $ \\ \hline \end{tabular} Journal entry worksheet 1 2 3 4 5 6 The company estimates future uncollectible accounts. The company determines $4,000 of accounts receivable on January 31 are yast due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts Note: Enter debits before credits. Unpaid salaries at the end of January are $34,600. Record the adjusting entry for salaries. Note: Enter debits before credits. 3D Family Fireworks Income Statement For Month Ended January 31, 2024 \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|l|}{ Revenue: } \\ \hline & r & & \\ \hline Total Revenue & & $ & 0 \\ \hline \multicolumn{4}{|l|}{ Expenses: } \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \multirow[t]{2}{*}{ Total Expenses } & & & 0 \\ \hline & & $ & 0 \\ \hline \end{tabular} Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31 . Record the adjusting entry for interest. Note: Enter debits before credits. Enter your Accounts Receivable turnover value rounded to 1 decimal place and Ratio of Allowance for Uncollectible Accounts a percentage rounded to 1 decimal place. Note: Enter debits before credits. On January 1,2024 , the general ledger of 3D Family Fireworks includes the following account balances: During January 2024, the following transactions occur: January 2 Provide services to customors for cash, $46,100. January 6 Provide services to customers on account, $83,400. January 15 Write off accounts receivable as uncollectible, \$2,500. (Assume the company uses the allowance nethod) January 20 Pay cash for salaries, $32,500. January 22 Receive cash on accounts receivable, $81,000. January 25 Pay cash on accounts payable, $6,600. January 30 Pay cash for utilities during January, $14,800. Journal entry worksheet (1) 2 3 4. 5 6 accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint: Use the January 31 accounts receivable balance calculated in the general ledger.) Record the adjusting entry for uncollectible accounts. Note: Enter debits before credits. Note: Enter debits before credits. The following information is avallable on January 31,2024. a. The company estimates future uncollectible accounts. The company determines $4,000 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint. Use the January 31 accounts recelvable balance calculated in the general ledger to split total accounts receivable into the $4,000 past due and the remaining amount not past due.) b. Supplies at the end of January total $800. All other supplies have been used. c. Accrued interest revenue on notes recelvable for January. Interest is expected to be received each December 31 . d. Unpaid salaries at the end of January are $34,600. Prepare the journal entries for transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
