Weidon Corporation's fiscal year ends December 31. The following is a list of transactions involving receivables that occurred during 2024 March 17 Accounts receivable of $2,000 were written off as uncollectible. The company uses the allowance method. March 30 Loaned an officer of the company $24,000 and received a note requiring principal and interest at 8% to be paid on March 30,2025. May 30 Discounted the $24,000 note at a local bank. The bank's discount rate is 9%. The note was discounted without June recourse and the sale criteria are met. June 30 Sold serchandise to the Blankenship Company for 515,000 . Terms of the sale are 4/10,n/30. Weldon uses the gross method to account for cash discounts. Juty 8 The Blankenship Company paid its account in full. August 31 Sold stock in a nonpublic company with a book value of $5,300 and accepted a $6,400 noninterest-bearing note with a discount rate of 9%. The $6,400 payment is due on february 28, 2025. The stock has no ready market vatue. December 31 Weldon estimates that the allowance for uncollectible accounts should have a balance in it at year-end equat to 34 of the gross accounts receivable balance of $720,000. The allowance had a balance of $15, 000 at the start of 2024 . Required: 18 2. Prepare journal entries for each of the above transactions and additional year-end adjusting entries indicated. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld. Do not round Intermediate calculations and round your final answers to nearest whole dollar