$[00$:$15,13/03/2024]$ MB: Sir Cleansalot Cleaning uses the allowance method to estimate bad debts. Consider the following January transactions for Sir Cleansalot: $($Click the icon to view the January $2018$ transactions.$)($Click the icon to view selected account balances at December $31,2017.)$ Read the requirements Requirement $1.$ Prepare all required journal entries for Sir Cleansalot. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$ Jan. $1$: Performed cleaning service for Delia's Dlist for $$5,000$ on account with terms $5/10,$ n$/20$ Date Accounts and Explanation Debit Credit Jan. $1$

$[00$:$16,13/03/2024]$ MB: Jan. $1$ Performed cleaning service for Dawn's Dlist for $$6,000$ on account with terms $2/10,$ n$/2010$ Borrowed money from Capital Bank, $$15,000,$ making a $180$ day$7\%$ note. $12$ After discussions with More Shine, Glam Gleam has determined that $$320$ of the receivable owed will not be collected. Wrote off this portion of the receivable. $15$ Sold goods to Warner for $$12,000$ on terms $5/10,$ n$/30.$ Cost of Goods Sold was $$6,000.28$ Sold goods to Lane Company for cash of $$1,800($cost $$540)28$ Collected from More Shine, $$320$ of receivable previously written off. $29$ Paid cash for utilities of $$20031$ Created an aging schedule for Glam Gleam for accounts receivable. Glam Gleam determined that $$7,000$ of receivables were $5\%$ uncollectible $$2,000$ of receivables were $10\%$ uncollectibl...

$[00$:$16,13/03/2024]$ MB: Accounts Receivable$1,700$ Allowance for Bad Debts $($assumed balance$)270$ Balance due from More Shine