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unt of the impairment loss, if any. Repeat requirement 1 assuming that the estimated total future cash flows are $10 million and the fair value is...

I'm on required part 2. I was able to get most of the gernal journal tab names but am struggling with the debit and credit portion. Heres all the info I have correct so far.

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unt of the impairment loss, if any.2. Repeat requirement 1 assuming that the estimated total future cash flows are $10 million andthe fair value is $8.2 million.ccounting-termnsbalances:E"-21 On January 1, 2021, the general ledger of TNT Fireworks includes the following accountAccountsCashDebitCreditAccounts Receivable$ 58,700Allowance for Uncollectible Accounts25,000Inventory$2,200LandNotes Receivable (5%, due in 2 years)36,30012,000Accounts Payable155,000Common Stock14,800220,000Retained Earnings50,000Totals$287,000$287,000During January 2021, the following transactions occur:January 1Purchase equipment for $19,500. The company estimates a residual value of$1,500 and a five-year service life.January4Pay cash on accounts payable, $9,500.January 8Purchase additional inventory on account, $82,900.Inl sonsled
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