3 Exercise 7-6A (Alge) Effect of recovering & receivable previously written off LO 7-1 De Sonhad the long baances at December 3 Year 2 Cash of $20,000, Accounts Recevable of 184000, Alowance t Accounts of $2,700, and Retired Earnings of $101.300 During Year 3 the flowing events occurred De Services provided on accur during Year 3 $218.000 4Cash (fect as we $220.000 Sebe accounts expense was ested to be 1 percent of the comforthe pe 1 Organsaction das in accounts under an accounting ence of lowance for Doubt Accounts at Decembe Complete this question by entering your answers in the tabs below. Req A Req B and C Organize the transaction data in accounts under an accounting equation. Note: Enter any decreases to account balances with a minus sign. Not all cells require input. RENUE SPA Accounting Equation Assets Equity Event Cash NRV Accounts Liabilities T Receivable Retained Earnings Account Titles for Retained Earnings Balance 20,000 + 81,300 101,300 1. + . 28. 26. 180+ (180) = + 3. + 4. 220,000+ (220,000) 218,000 - = + Revenue 5. + (2,180) = + (2,180) Uncollectible accounts expense Balance 240,180 + 76,940 0 + 99,120 < Prev 3 of 10