Weldon 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 $$3,100$ were written off as uncollectible. The company uses the allowance method.

March $30$ Loaned an officer of the company $$39,000$ and received a note requiring principal and interest at $8\%$ to be paid on March $30,2025.$

May $30$ Discounted the $$39,000$ note at a local bank. The bank$$s discount rate is $9\%.$ The note was discounted without recourse and the sale criteria are met.

June $30$ Sold merchandise to the Blankenship Company for $$26,000.$ Terms of the sale are $310/$

$,$ n$30/$

$.$ Weldon uses the gross method to account for cash discounts.

July $8$ The Blankenship Company paid its account in full.

August $31$ Sold stock in a nonpublic company with a book value of $$6,400$ and accepted a $$7,400$ noninterest$-$bearing note with a discount rate of $9\%.$ The $$7,400$ payment is due on February $28,2025.$ The stock has no ready market value.

December $31$ Weldon estimates that the allowance for uncollectible accounts should have a balance in it at year$-$end equal to $3\%$ of the gross accounts receivable balance of $$930,000.$ The allowance had a balance of $$26,000$ at the start of $2024.$

Required:

$1$ & $2.$ 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 field. Do not round intermediate calculations and round your final answers to nearest whole dollar.