[The following information applies to the questionsdisplayed below.]

Web Wizard, Inc. has provided information technology servicesfor several years. The company uses the percentage of credit salesmethod to estimate bad debts for internal monthly reportingpurposes. At the end of each quarter, the company adjusts itsrecords using the aging of accounts receivable method. The companyentered into the following partial list of transactionsduring the first quarter.

a.	During January, the company provided services for $42,000 oncredit.
b.	On January 31, the company estimated bad debts using 1 percentof credit sales.
c.	On February 4, the company collected $21,000 of accountsreceivable.
d.	On February 15, the company wrote off a $200 accountreceivable.
e.	During February, the company provided services for $32,000 oncredit.
f.	On February 28, the company estimated bad debts using 1 percentof credit sales.
g.	On March 1, the company loaned $2,800 to an employee who signeda 6% note, due in 6 months.
h.	On March 15, the company collected $200 on the account writtenoff one month earlier.
i.	On March 31, the company accrued interest earned on thenote.
j.	On March 31, the company adjusted for uncollectible accounts,based on an aging analysis (below). Allowance for Doubtful Accountshas an unadjusted credit balance of $1,220.

				Number of Days Unpaid
Customer	Total			0–30			31–60			61–90			Over 90
Alabama Tourism	$	200		$	120		$	70		$	10
Bayside Bungalows		420											$	420
Others (not shown to savespace)		17,500			7,000			8,600			1,200			700
Xciting Xcursions		380			380
Total Accounts Receivable	$	18,500		$	7,500		$	8,670		$	1,210		$	1,120
Estimated uncollectible (%)					2	%		10	%		20	%		35	%

Required:
1.	For items (a)–(j), analyze the amount anddirection (+ or ? ) of effects on specific financial statementaccounts and the overall accounting equation. (Enter anydecreases to account balances with a minus sign.)

2.	Prepare the journal entries for items (a)–(j).(If no entry is required for a transaction/event, select"No Journal Entry Required" in the first accountfield.)