Tanglewood Vacation Rentals rents cabins in the mountains of North Georgia. Guests typically pay for their rentals by credit card. Occasionally, business clients will book cabins and a small conference center for corporate retreats. Business clients are typically extended credit and allowed to pay with terms 2/10 net 30. Prepare journal entries for the following events for 2021: Journal Entries Events 1. Guests pay for their rentals with credit cards. During the year, the company charged a total of $ 258,500 to customer cards and received cash of $250,745 (258,500 less 3% credit card fee of $ 7,755). 2. Corporate retreats during the year totaled $ 76,000. These are on account. 3. Business clients are extended credit and allowed to pay with terms 2/10 net 30. Business clients from #2 above made payments on their accounts (totaling $ 36,000) in time to take advantage of the discount. Cash was received in the amount of $ 35,280 after the discount. 4. Other business clients from #3 above made payments on their accounts (totaling $ 19,000) but not in time to take advantage of the discount. Cash was received in the amount of $ 19,000. 5. After trying unsuccessfully for some time, a customer account receivable of $ 2,600 from the previous year was deemed uncollectible and written off. Before proceeding with items 6, post any amounts from the first 5 journal entries that affected the T-account below. Make adjusting entries based on the balance of the accounts at this point. ALLOWANCE FOR UNCOLLECTIBLE ACCOUNTS 8,200 bb December 31 Adjusting Entries 6. The company took a careful look at outstanding accounts receivable and believes the allowance for uncollectible accounts should be $ 7,000