Answer and Explanation:
The journal entries are shown below:
1. Cash Dr $9,000
To Deferred revenue $9,000
(Being the deferred revenue is recorded)
2. Inventory $152,000
To Account payable $152,000
(Being the inventory purchased on account is recorded)
3. Account receivable $140,000
To Sales revenue $140,000
(Being the sales revenue is recorded)
Cost of goods sold Dr $76,300
To Inventory $76,300
(Being the cost of goods is recorded)
4. Cash Dr $125,900
To Account receivable $125,900
(Being cash received is recorded)
5. Account payable $95,000
To Cash$95,000
(Being the cash paid is recorded)
6. Allowance for uncollectible accounts $4,700
Bad debt $600
To Account receivable $5,300
(Being the bad debt expense is recorded)
Cash $10,000
Account receivable $138,000
To Sales revenue $148,000
(Being the cash received is recorded)
7. Salaries expense $52,500
To cash $52,500
(being the salaries expense is recorded)
