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During Year 2 Calico Company experienced the following accounting events: 1. Provided $132,000 of services on account. 2. Collected $89,000 cash from accounts recelvable. 3.

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During Year 2 Calico Company experienced the following accounting events: 1. Provided $132,000 of services on account. 2. Collected $89,000 cash from accounts recelvable. 3. Wrote off $3,200 of account recelvable that were uncolfectible. 4. Loaned $4,400 to an individual. Emma Gardrier, in exchange for a note recelvable. 5. Paid $96,500cash for operating expenses. 0. Estimated that uncollectible accounts expense would be 2 percent of revenue eamed on account. Recorded the year-end adjusting entry 7. Recorded the yearend adjusting entry for accrued interest on the note recelvable (see Event 4). Calico made the foan on August 1 . it had a sox-month term and a 6 percent rate of interest. Required a. Record the Year 2 everts in ledger accounts under an accounting equation: b. Determine net income for Year 2 c. Determine net cash flow from operating activities for Year 2. d. Determine the net realizable value of accounts receivable at December 31, Year 2 . e. What amount of interest revenue will Calico tecognize on its note receivable in Year 3 ? Complete this question by entering your answers in the tabs below. Record the Year 2 events in ledger accounts under an accounting equation. Calico's ledger balances on January 1 , Year 2 . were as follows: (Enter any decreases to account balances with a minus sign. Not all cells will require entry) b. Determine net income for Year 2 . c. Determine net cash flow from operating activities for Year 2 . d. Determine the net realizable value of accounts receivable at December 31 , Year 2 . e. What amount of interest revenue will Calico recognize on its note receivable in Year 3

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