On January $1,2024,$ the general ledger of $3$D Family Fireworks includes the following account balances:

During January $2024,$ the following transactions occur:

January $2$ Provide services to customers for cash, $$22,900.$

January $6$ Provide services to customers on account, $$55,000.$

January $15$ write off accounts receivable as uncollectible, $$800.$

January $20$ Pay cash for salaries, $$24,900.$

January $22$ Receive cash on accounts receivable, $$55,5010.$

January $25$ Pay cash on accounts payable, $$4,590.$

January $30$ Pay cash for utilities during January, $$11,700.$

The following information is available on January $31,2024.$

$8.$ At the end of January, $$4,200$ of accounts receivable are past due, and the company estimates that $10\%$ of these accounts will not be collected. Of the remaining accounts receivable, the company estimates that $5\%$ will not be collected. The note receivable of $$18,400$ is considered fully collectible and therefore is not included in the estimate of uncollectible accounts.

$9.$ Supplies at the end of January total $$740.$

$10.$ 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 $$21,700.$

Complete this question by entering your answers in the tabs below.

Requirement

General

General

Trial Balance

Income

Journal

Ledger

Statement

Balance Sheet

Analysis

Prepare the journal entries for transactions.

Note: If no entry is required for a particular transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

$1$

$.....$

$6$

$7$

$8$

$9$

$10$

$11$

$12$

$13$

Accrued interest revenue on notes receivable for January. Interest is expected to be received each December $31.$