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[The following information applies to the questions displayed below.] The general ledger of Pop's Fireworks includes the following account balances in 2021: Accounts Cash
[The following information applies to the questions displayed below.] The general ledger of Pop's Fireworks includes the following account balances in 2021: Accounts Cash Debit $ 23,000 Credit Accounts Receivable 46,000 Allowance for Uncollectible Accounts $ 4,000 Supplies 9,400 Notes Receivable (8%, due in 2 years) 28,000 Land 94,000 Accounts Payable 14,100 Common Stock 142,000 Retained Earnings 30,800 Service Revenue Salaries Expense Utilities Expense 126,600 71,800 26,900 Supplies Expense Totals 18,400 $317,500 $317,500 In addition, the following transactions occurred during 2021 and are not yet reflected in the account balances above: June June 3 Provide additional services on account for $16,000. All services on account include terms 2/10, n/30. 8 Receive cash from customers within 10 days of the services being provided on account. The customers were originally charged $9,500. November 15 Write off customer accounts of $2,400 as uncollectible.
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