wht are the journal enteries from 1 to 11?
On January 1, 2021, the general ledger of 3D Family Fireworks includes the following account balances: Credit Debit $ 24,300 12,400 $ 1,500 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (68, due in 2 years) Land Accounts Payable Common Stock Retained Earnings Totals 2,600 20,800 55,600 5.300 70,600 39,800 $117,200 $115,700 During January 2021, the following transactions occur 1. January 2 Provide services to customers for cash, $26,300. 2. January 6 Provide services to customers on account, $63,700. 3. January 15 Write off accounts receivable as uncollectible, $900. 4. January 20 Pay cash for salaries, $28,200. 5. January 22 Receive cash on accounts receivable, $62,900. 6. January 25 Pay cash on accounts payable, $4,220. 7. January 30 Pay cash for utilities during January, 510,500. The following information is available on January 31, 2021 8. At the end of January, $3,800 of accounts receivable are past due, and the company estimates that 25% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 5% will not be collected. The note receivable of $27,000 is considered fully collectible and therefore is not included in the estimate of uncollectible accounts. $24.300 12,400 $ 1,500 Cash Accounts Receivable Allowance for Uncollectible Accounts Supplies Notes Receivable (68, due in 2 years) Tand Accounts Payable Common Stock Retained Earnings Totals 2,600 20,800 55,600 5,300 70.600 39,800 $117,200 $115,700 During January 2021, the following transactions occur 1. January 2 Provide services to customers for cash, $26,300. 2. January 6 Provide services to customers on account, $63,700. 3. January 15 Write oft accounts receivable as uncollectible, $900. 4. January 20 Pay cash for salaries, $28,200. 5. January 22 Receive cash on accounts receivable, 562,900. 6. January 25 Pay cash on accounts payable, 54,220. 7. January 30 Pay cash for utilities during January, $10,500. The following information is available on January 31, 2021. 8. At the end of January, $3,800 of accounts receivable are past due, and the company estimates that 25% of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that 5% will not be collected. The note receivable of $27,000 is considered fully collectible and therefore is not included in the estimate of uncollectible accounts. 9. Supplies at the end of January total $590. 10. Accrued interest revenue on notes receivable for January, Interest is expected to be received each December 31. 11. Unpaid salaries at the end of January are $27,200
