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Events Arrecting Year 1: 1. Provided $160,000 of cleaning services on account. 2 Collected $120.000 cash from accounts receivable 3. Paid salaries of $36,000 for

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Events Arrecting Year 1: 1. Provided $160,000 of cleaning services on account. 2 Collected $120.000 cash from accounts receivable 3. Paid salaries of $36,000 for the year 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $2,100. 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. Complete this question by entering your answers in the tabs below. Reg A Reg B1 Reg 2 Reg 03 Organize the transaction data in accounts under an accounting ouation. (Enter any decreases to account balances with a minus sign. Not all cells requirinput: Equity Event Balance Sheet Assets Liabilities NRV Accounts Receivable Account Tities for Retained Earnings - Cash Retained Earnings 3

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