Journal entrythe company has an unadjusted debit balance in accounts receivable of $25,000 and an unadjusted credit balance of $10 in allowance for sales discounts as of december 31. of the $25,000 of receivables, $10,000 are within a 2% discount period that the company expects the buyers to take. complete the related adjusting entry by selecting the account names and dollar amounts from the drop-down menus. complete the necessary adjusting entry by selecting the account names and dollar amounts from the drop-down menus. (pay attention to the date set forth below.)

Abc computer company has a $20 million factory in silicon valley in which in builds computer components. during the current year, abc's costs are labor (wages) of $1.01.0 million; interest on debt of $0.20.2 million; and taxes of $0.20.2 million. abc sells all its output to xyz supercomputer for $2.62.6 million. using abc's components, xyz builds four supercomputers at a cost of $0.8500.850 million each, which comes from $0.6500.650 million worth of components, $0.10.1 million in labor costs, and $0.10.1 million in taxes per computer. xyz has a $30 million factory. xyz sells three of the supercomputers to other businesses for $1.81.8 million each. at year's end, it had not sold the fourth. the unsold computer is carried on xyz's books as a $0.8500.850 million increase in inventory.

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Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)