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Bulldog Auto Service was started on January 1, 2014. The company experienced the following events during its first two years of operation: Events Affecting 2014

Bulldog Auto Service was started on January 1, 2014. The company experienced the following events during its first two years of operation:

Events Affecting 2014
1. Provided $25,720 of repair services on account.
2. Collected $20,576 cash from accounts receivable.
3.

Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the service revenue on account.

Events Affecting 2015
1. Wrote off a $193 account receivable that was determined to be uncollectible.
2. Provided $30,015 of repair services on account.
3. Collected $26,563 cash from accounts receivable.
4.

Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the service revenue on account.

Required
a.

Organize the transaction data in accounts under an accounting equation for each year. (Round your answers to the nearest whole numbers. Enter any decreases to account balances with a minus sign. Select "NA" if there is no effect on the "Accounts Titles for Retained Earnings".)

B. Determine the following amounts for the 2014 and another set for 2015 accounting period. (Round your answers to nearest whole dollar amount.)

Net Income:

Net cash flow from operating activites:

Balance of accounts recieveable:

Net realizable value of accounts recieveable:

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