Collected $ cash trom accounts recelvable.
Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be percent of the cleaning
revenue on account.
Required:
a Organize the transaction data in accounts under an accounting equation for each year.
b Determine the following amounts:
Net income for Year
Net cash flow from operating activities for Year
Balance of accounts receivable at the end of Year
Net realizable value of accounts receivable at the end of Year
c Determine the following amounts:
Net income for Year
Net cash flow from operating activities for Year
Balance of accounts receivable at the end of Year
Net realizable value of accounts receivable at the end of Year
Complete this question by entering your answers in the tabs below.
Req A
Req A
Req B
Organize the transaction data in accounts under an accounting equation for Year
Note: Enter any decreases to account balances with a minus sign. Not all cells require input.
Red text indicates no response was expected in a cell or a formulabased calculation is incorrect; no points deducted.
