this is the information for the questions

January 1 Purchase equipment for $20,500. The company estimates a residual value of $2,500 and a six-year service life. January 4 Pay cash on accounts payable, $10,500. January 8 Purchase additional inventory on account, $92,900. January 15 Receive cash on accounts receivable, $23,000. January 19 Pay cash for salaries, $30,800. January 28 Pay cash for January utilities, $17,500. January 30 Sales for January total $230,000. All of these sales are on account. The cost of the units sold is $120,000. The following information is available on January 31, 2021. . Depreciation on the equipment for the month of January is calculated using the straight-line method. b. Accrued interest revenue on notes receivable for January c. Unpaid salaries at the end of January are $33,600. d. Accrued income taxes at the end of January are $10,000. e. The company estimates and records bad debt expense (and adds to the Allowance account through this journal entry) at the end of each month. At the end of January, the company determines that determines $4,000 of the total Accounts Receivable account is over 90 days old, with the remaining A/R balance being current (Hint use the A/R balance in the General Ledger Tob). 50% of the A/R older than 90 days is estimated to be uncollectible, and 2% of the current balance is estimated to be uncollectible. Please calculate the amount that needs to be added to the Allowance account and Bad Debt Expense ond complete the journal entry. (Watch video tutorial on this subject: https://vimeo.com/edivideo/review/254531867/7c9cc20218) Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) January 1Purchase equipment for $20,500. The company estimates a residual value of $2,500 and a six-year service life. January 4 Pay cash on accounts payable, $10,500. January 8 Purchase additional inventory on account, $92,900. January 15 Receive cash on accounts receivable, $23,000. January 19 Pay cash for salaries, $30,800. January 28 Pay cash for January utilities, $17,500. January 30 Sales for January total $230,000. All of these sales are on account. The cost of the units sold is $120,000. The following information is available on January 31, 2021. a. Depreciation on the equipment for the month of January is calculated using the straight-line method b. Accrued interest revenue on notes receivable for January c. Unpaid salaries at the end of January are $33,600. d. Accrued income taxes at the end of January are $10,000. e. The company estimates and records bad debt expense (and adds to the Allowance account through this journal entry) at the end of each month. At the end of January, the company determines that determines $4.000 of the total Accounts Receivable account is over 90 days old, with the remaining A/R balance being current (Hint use the A/R balance in the General Ledger Tab). 50% of the A/R older than 90 days is estimated to be uncollectible, and 2% of the current balance is estimated to be uncollectible. Please calculate the amount that needs to be added to the Allowance account and Bad Debt Expense and complete the journal entry. (Watch video tutorial on this subject: https://vimeo.com/cdivideo/review/254531867/7c9cc20218) Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Mary Purchase out for $20,500. The company estimates a residual value of $2,500 and a six-year service life. may cash on accounts payable, $10,500 marchase aditional inventory on account, $92,900. January 15 Receive cash accounts receivable, $23,000 may 19 Pych for salaries, 330,000 January 2y cash for January utilities, $17,500 January Sales for January total $230,000. All of these sales are on account. The cost of the units sold is $120,000. The following information is available on January 31, 2021. Depreciation on the equipment for the month of January is calculated using the straight-line method, b. Accrued interest revenue on notes receivable for January c. Unpaid salaries at the end of January are $33,600 d. Accrued income taxes at the end of January are $10,000 . The company estimates and records bad debt expense (and adds to the Allowance account through this journal entry) at the end of each month. At the end of January, the company determines that determines $4,000 of the total Accounts Receivable nccount is over 90 days old, with the remaining A/R balance being current (Hint use the A/R balance in the General Ledger Tab. 50% of the A/R older than 90 days is estimated to be uncollectible, and 2% of the current balance is estimated to be uncollectible. Please calculate the amount that needs to be added to the Allowance account and Bad Debt Expense and complete the journal entry. (Watch video tutorial on this subject: https://vimeo.com/edivideo/review/254531867/7c9cc2e218) General Ledger Trial Balance General Journal Income Statement Balance Sheet Requirement Prepare the Journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field View transaction list Journal entry worksheet 9 10 11 12 13 14 15 The company estimates future uncollectible accounts. The company determines $4,000 of accounts receivable on January 31 are past due, and 50% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 2% of these accounts Note: Enter debits before credits On January 1, 2021, the general ledger of TNT Fireworks includes the following account balances: Accounts Debit Credit Cash $ 59,700 Accounts Receivable 27,000 Allowance for Uncollectible Accounts $ 3,200 Inventory 37,300 Notes Receivable (5%, due in 2 years) 24,000 Land 165,000 Accounts Payable 15,800 Common Stock 230,000 Retained Earnings 64,900 Totals $313,000 $313,000 During January 2021, the following transactions occur January 1 Purchase equipment for $20,500. The company estimates a residual value of $2,500 and a six-year service life. January 4 Pay cash on accounts payable, $10,500 January 8 Purchase additional inventory on account, $92,900. January 15 Receive cash on accounts receivable, $23,999. January 19 Pay cash for salaries, $30,890. January 28 Pay cash for January utilities. $17.500 January 30 Sales for January total $230,000. All of these sales are on account. The cost of the units sold is $120,000