Required information

Exercise $9-24($Static$)$ Complete the accounting cycle using long$-$term liability transactions $($LO$9-2,9-8)$

$[$The following information applies to the questions displayed below.$]$

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

$\backslash$table$[[$Accounts$,$Debit,Credit$],[$Cash$,$$$11,200,],[$Accounts Receivable,$34,000,],[$Allowance for Uncollectible Accounts,,$$1,800$

adjusted entries:

$1$ January $31$ Depreciation Expenseselected answer correct debit $800$

Accumulated Depreciation credit $800$

$2$ January $31$ Bad Debt Expense debit $2,300$

Allowance for Uncollectible Accounts credit $2,300$

$3$ January $31$ Salaries Expense debit $26,100$

Salaries Payable credit $26,100$

$4$ January $31$ Income Tax Expense debit $8,000$

Income Tax Payable credit $8,000$

$5$ January $31$ Notes Payable $($Long$-$term$)$ debit $17,411$

Notes Payable $($Current$)$ credit $17,411$