[The following information applies to the questions displayed below] On January 1, 2018, the general ledger of ACME Fireworks includes the following account balances: Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Equipment Accumulated Depreciation Accounts Payable Notes Payable (6%, due April 1, 2019) Common Stock Retained Earnings Debit $25,600 47,200 Credit $4,700 20,500 51,000 7,500 2,000 29,000 55,000 40,000 31,100 Totals $161,800 $161,800 During January 2018, the following transactions occur: January 2. Sold gift cards totaling $9,000. The cards are redeemable for merchandise within one year of the purchase date. January 6. Purchase additional inventory on account, $152,000. January 15. Firework sales for the first half of the month total $140,000. All of these sales are on account. The cost of the units sold is $76,300. January 23. Receive $125,900 from customers on accounts receivable January 25. Pay $95,000 to inventory suppliers on accounts payable January 28. Write off accounts receivable as uncollectible, $5,300. January 30. Firework sales for the second half of the month total $148,000. Sales include $10,000 for cash and $138,000 on account. The cost of the units sold is $82,000. January 31. Pay cash for monthly salaries, $52,500 1. Record each of the transactions listed above. (If no entry is required for a tra View transaction list X: 1 Sold gift cards totaling $9,000. The cards are redeemable for merchandise within one year of the purchase date. Purchase additional inventory on account, $152,000 Firework sales for the first half of the month total 2 3 $140,000. All of these sales are on account. 4 The cost of the units sold is $76,300. Receive $125,900 from customers on accounts receivable. S 6 Pay $95,000 to inventory suppliers on accounts payable. 7 Write off accounts receivable as uncollectible, $5,300 Firework sales for the second half of the month total $148,000. Sales include $10,000 for cash and $138,000 on account. 8 9 The cost of the units sold is $82,000. 10 Pay cash for monthly salaries, $52,500