On January 1, 2021, the general ledger of ACME Fireworks includes the following account balances: Accounts Debit Credit
Cash $25,100
Accounts Receivable 46,200
Allowance for Uncollectible Accounts $4,200
Inventory 20,000
Land 46,000
Equipment 15,000
Accumulated Depreciation 1,500
Accounts Payable 28,500
Notes Payable (6%, due April 1, 2022) 50,000
Common Stock 35,000
Retained Earnings 33,100
Totals $152,300 $152,300

During January 2021, the following transactions occur:
January 2 Sold gift cards totaling $8,000. The cards are redeemable for merchandise within one year of the purchase date.
January 6 Purchase additional inventory on account, $147,000.
January 15 Firework sales for the first half of the month total $135,000. All of these sales are on account. The cost of the units sold is $73,800.
January 23 Receive $125,400 from customers on accounts receivable.
January 25 Pay $90,000 to inventory suppliers on accounts payable.
January 28 Write off accounts receivable as uncollectible, $4,800.
January 30 Firework sales for the second half of the month total $143,000. Sales include $11,000 for cash and $132,000 on account. The cost of the units sold is $79,500.
January 31 Pay cash for monthly salaries, $52,000.

Required:
a. Record each of the transactions listed above.
b. Record adjusting entries on January 31.