Collected $$24,548$ cash trom accounts recelvable.

Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be $1$ percent of the cleaning

revenue on account.

Required:

a$.$ Organize the transaction data in accounts under an accounting equation for each year.

b$.$ Determine the following amounts:

$(1)$ Net income for Year $1.$

$(2)$ Net cash flow from operating activities for Year $1.$

$(3)$ Balance of accounts receivable at the end of Year $1.$

$(4)$ Net realizable value of accounts receivable at the end of Year $1.$

c$.$ Determine the following amounts:

$(1)$ Net income for Year $2.$

$(2)$ Net cash flow from operating activities for Year $2.$

$(3)$ Balance of accounts receivable at the end of Year $2.$

$(4)$ Net realizable value of accounts receivable at the end of Year $2.$

Complete this question by entering your answers in the tabs below.

Req A$1$

Req A$2$

Req B

Organize the transaction data in accounts under an accounting equation for Year $2.$

Note: Enter any decreases to account balances with a minus sign. Not all cells require input.

$*$Red text indicates no response was expected in a cell or a formula$-$based calculation is incorrect; no points deducted.