event 1-4 journal entry

Holmes Cleaning Service began operation on January 1, Year 1. The company experienced the following events for its first year of operations: Events Affecting Year 1: 1. Provided $140,000 of cleaning services on account 2. Collected $105,000 cash from accounts receivable. 3. Pald salaries of $44,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,600. The expense was determined using the percent of revenue method. Journal entry worksheet A B B D > Provided $140,000 of cleaning services on account. Note: Enter debits before credits Event General Journal Debit Credit Record entry Clear entry View general Journal