1 Part 1 of 2 Fraud Investigators Incorporated operates a fraud detection service. a. On March 31, 10 customers were billed for detection services totaling $20,000. b. On October 31, a customer balance of $1,250 from a prior year was determined to be uncollectible and was written off. c. On December 15, a customer paid an old balance of $750, which had been written off in a prior year. d. On December 31, $450 of bad debts were estimated and recorded for the year. Required: 1. Prepare journal entries for each transaction above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet > 1 2345 On March 31, 10 customers were billed for detection services totaling $20,000. Record the transaction. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal 2 Part 2 of 2 Required information [The following information applies to the questions displayed below.] Fraud Investigators Incorporated operates a fraud detection service. a. On March 31, 10 customers were billed for detection services totaling $20,000. b. On October 31, a customer balance of $1,250 from a prior year was determined to be uncollectible and was written off. c. On December 15, a customer paid an old balance of $750, which had been written off in a prior year. d. On December 31, $450 of bad debts were estimated and recorded for the year. 2. Complete the following table, indicating the amount and effect (+ for increase, - for decrease, and NE for no effect) of each transaction. Ignore income taxes. Income From Transaction Net Receivables Net Sales Operations a. b. C. d