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1. Provlded $84,000 of services on account. 2. Collected $52,700 cash from accounts recelvable. 3. Pald $30,000 of salarles expense for the year. 4. Roth
1. Provlded $84,000 of services on account. 2. Collected $52,700 cash from accounts recelvable. 3. Pald $30,000 of salarles expense for the year. 4. Roth adjusted the accounts using the following Information from an accounts recelvable aging schedule: Required a. Organize the transaction data In accounts under an accounting equation. b. Prepare an Income statement for Roth Service Co. for Year 1. c. What is the net realizable value of the accounts recelvable at December 31, Year 1? Complete this question by entering your answers in the tabs below. Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank. Not all cells will require entry.) \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ ROTH SERVICE CO. } \\ \hline \multicolumn{2}{|c|}{ Income Statement } \\ \hline For the Year Ended December 31, Year 1 \\ \hline Operating expenses & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline Total operating expenses & & \\ \hline \end{tabular} What is the net realizable value of the accounts re
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