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Aosie Dry ciesning was stered on stnuory t. Yest 1 it evperienced tre folowing rents duting its first fwo yeses of opetbtion Events Ariecting Yese
Aosie Dry ciesning was stered on stnuory t. Yest 1 it evperienced tre folowing rents duting its first fwo yeses of opetbtion Events Ariecting Yese 1 1. Provided $28.220 of eleaning semices ch account 2. Codictoe $23,056cech from accouns recenvable. 3. Adjusted the bccouring recoids to reflect the estwate that uncolectuble accoums expense would be 1 percent of the clesning revenus on sccount Events Affecting Yest 2 1. Whote off o 5210 accoumit necelvable that was determined to be uncolectible 2. Provided 533.633 of cleaning services on occount 3. Colletted 529305 cssh trom occounts rectivetie. reveript on bccount Requited: d. Organize the wancscoson data in sccouncs under an sccounteng equasin for esch yest b. Determine the following amounes (1) Net income for yeer 1 . (2) Net cech fow from opersting octivites for Wear 1 (3) Bsionce of eccounts recehabie of the end of Year 1 (4) Net realirable valoe of accounts recehable at the end of Year 1. c. Determine the following amourks. (t) Net rosome for reot 2 . (2) Net coun tow frem obetating octovedes for rear 2 (9) Perance of Accounts recehasie at the end of Yeur 2 Complete this question by entering your answers in the tabs below. Organize the transaction data in accounts under an accounting equation for year 2. Note: Enter amy decresses to account belances with a minus sign, Not all cells requre input. Determine the following amounts for the Year 1 accounting period. Note: Round your answers to nearest whole dollar amount
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