Problem 7.1 Adjusted cash balance on 7/31 = $129,714

Problem 7.2 Adjusted cash balance on 11/30 = $15,745

Problem 7.3 Debit Uncollectible Accounts Expense $25,500 on 12/31

Problem 7.4 Debit Uncollectible Accounts Expense $160,000 on 12/31

Problem 7.5 Debit Loss on Sale of Investments $6,060 on 8/7 (part b)

Problem 7.6 Credit Interest Revenue $3,125 on 6/1 (part a)

Comprehensive Problem 2

Part k: Net Income 12/31/2002 = $90,825