The Airey Employment Agency started business on January 1, 2020. The company produced monthly financial statements and had total sales of $590,000 (of which 5472,000 was on account) during the first four month On April 30, Accounts Receivable had a balance of $229,052 (no accounts have been written off to date), which was made up of the following accounts aged according to the date of the sale (Click the icon to view the aging-of-accounts receivable table.) (Click the icon to view the accounts receivable transactions.) Required Requirement 1. The Airey Employment Agency has heard that other companies in the industry use the allowance method of accounting for uncollectibles with many of these estimating the uncollectibles through an aging-of-accounts receivable a. Journalize the adjustments that would have to be made on April 30 (for the months of January through April) (Record debits first, then credits. Exclude explanations from journal entries. Do not round interme calculations. Only round the amounts you input in the cell to the nearest dollar.) Accounts Recievable Transactions as Aging schedule Month of Sale Customer April 1.800 Gallic Distributors 2.800 Parker Courier The following accounts receivable transactions took place in May 2020: May 12 Decided the Parker Courier account was uncollectible and wrote it off. 15 Collected $7.800 from Gallic Distributors for sales made in the first three months 21 Decided the Piety Solutions account was uncollectible and wrote it off 24 Collected $2.400 from Nate Design for les the month of January 26 Received a cheque from Piety Solutions for $17,600 plus four cheques of $3,500 each, post-dated to June 26, July 26. August 26, and September 26 31 Total sales in the month were $470,000; 80 percent of these were on account, and 75 percent of the sales on account were collected in the month. 4.300 January February March $ 4,000 $ 1,200 $ 2,600 $ 1,900 1,700 3.500 4.900 14.400 8,000 2,400 8,300 8,600 18,964 8.788 53,300 Piety Solutions Nate Design 30,000 47,600 Other Accounts Receivable $ 32,164 $ 34 388 $ 76,000 $ 86,500 100