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Events Affecting Year 1: 1. Provided $140,000 of cleaning services on account. 2. Collected $105,000 cash from accounts recelvable. 3. Paid salaries of $30,000 for

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Events Affecting Year 1: 1. Provided $140,000 of cleaning services on account. 2. Collected $105,000 cash from accounts recelvable. 3. Paid salaries of $30,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,700. The expense was determined using the percent of revenue method. Required: a. Organize the transaction data in accounts under an accounting equation. b. Prepare an income statement, a balance sheet, and a statement of cash flows for Year 1. Answer is not complete. Complete this question by entering your answers in the tabs below. Organize the transaction data in accounts under an accounting equation. Note: Enter any decreases to account balances with a minus sign. Not all cells require input. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare a balance sheet for Year 1

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