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Required information PA8-4 (Algo) Accounting for Accounts and Notes Receivable Transactions [LO 8-2, LO 8-3] [The following information applies to the questions displayed below] Web Wizard, Incorporated, has provided information technology services for several years. For the first two months of the current year, the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quarter, the company switched to the aging of accounts recelvable method. The company entered into the following partialist of transactions during the first quarter. a. During January, the company provided services for $33,000 on credit. b. On January 31 , the company estimated bad debts using 2 percent of credit sales. c. On February 4 , the company collected $16,500 of accounts tecelvable. d. On February 15, the company wrote off $200 account receivable. e. Duting February, the company provided services for $23,000 on credit. 4 On February 28 , the company estimated bad debts using 2 percent of credit sales. 9. On March 1, the company loaned $2.000 to an employee, who signed a 6% note, due in 6 months. h. On March 15, the company collected $200 on the account written off one month earlier. 1. On March 31, the company accrued interest earned on the note. fOn March 31, the company adjusted for uncollectible accounts, based on the following aging analysis, which includes the preceding transactions (as well as others not listed). Pior to the adjustment. Allowance for Doubtful Accounts has an unadjusted ctedit balance of $1.130. Prepare the journal entries for items (a) to ( () . (If no entry is required for a transoction/event, select "No Journal Entry Require the first account field. Do not round intermediate calculations.)

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