Due 10-421 Saved Year 2: 1. Wrote off an uncollectible account for $1,600. 2. Provided $107000 of services on account 3. Provided $51,000 of services and collected cash. 4. Collected $100,000 cash from accounts receivable, 5. Paid $84,000 of salaries expense for the year 6. Adjusted the accounts to reflect uncollectible accounts expense for the year Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. 7. Closed the revenue account 8. Closed the expense accounts. 41 d. Record the Year 2 events in general Journal form and post them to T-accounts. Prepare the income statement statement of changes In stockholders' equity, balance sheet, and statement of cash flows for Year 2. What is the net realizable value of the accounts receivable at December 31 Year 2? Complete this question by entering your answers in the tabs below. Reg Di Reg D2 Reg D3 Reg 14 Reg DS Reg D6 Reg 07 Record the Year 2 events in general Journal form. If no entry is required for a transaction/event, select "No journal entry required" in the first account field, Round your answers to the nearest whole dollar amounts) View transaction list Journal entry worksheet G Record the entry to close the revenue account. !! Required information Cash Common Stock Beginning balance Beginning balance 57.000 6 29,000 29,000 55,000 88,000 29.000 4 Ending balance Ending balance 115,000 Accounts Receivable Retained Earnings Beginning balance Beginning balance 18 98.900 $ 880004 57,545 153 9001 10.900 96,355 Ending balance Ending balance Service Revenue Allowance for Doubtful Accounts Beginning balance 5456 Beginning balance 98,9002 55,000 Ending balance 545 Bal 153 900 153,900 7 ch Ending balance Uncoll. Accts. Expense Sala Expense Beginning balance Beginning balance 6 545 57,000 Bal 545 Bal 57 000 5458 57,000 8 C