help fill in the blanks please

Exercise 5-1 Accounting for uncollectible accounts: Allowance method LO 5-1 Holmes Cleaning Service began operation on January 1, 2018. The company experienced the following events for its first year of operations: Events Affecting 2018: 1. Provided $130.000 of cleaning services on account. 2. Collected $97,500 cash from accounts receivable. 3. Pald salaries of $48,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,400. 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 2018. Complete this question by entering your answers in the tabs below. Reg A Reg B1 Reg B2 Reg B3 Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank.) HOLMES CLEANING SERVICE Horizontal Statements Model Balance Sheet Event Assets Accounts Titles for Retained Earnings Accounts Equity Retained Earnings = Cash + Receivable - Allowance 2018 130,000 Service revenue 130.0001 - (97.500) - 97,500+ (48,000) + 3. 1,4001 = (48,000) Salaries expense (1.400) Uncollectible accounts expense 80,600 Bal. 49,500 + 32,500 - 1,400 - ReqA Req B1 > 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 2018. Complete this question by entering your answers in the tabs below. Reg A Reg B1 Reg 81 Req B2 Reg B2 Reg B3 Prepare an income statement for 2018. HOLMES CLEANING SERVICE Income Statement For the Year Ended December 31, 2018 Service revenue Operating expenses Salaries expense $ 48,000 $ 130,000 Uncollectible accounts expense 1.400 Total operating expenses Net income 49.400 $ 80.600 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 2018 Complete this question by entering your answers in the tabs below. Reg A Reg A Reg B1 Req B1 Rea B2 Reges Prepare a balance sheet for 2018. HOLMES CLEANING SERVICE Balance Sheet As of December 31, 2018 Assets Cash $ 49,500 Accounts receivable $ 32,500 (1.400) 31.100 80.000 S Less: Allowance for doubtful accounts Total assets Liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity ( Req B1 Req B3 > 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 2018. Complete this question by entering your answers in the tabs below. Reg A Req B1 Reg B2 Reg B3 Prepare a statement of cash flows for 2018. (Amounts to be deducted should be indicated with a minus sign.) HOLMES CLEANING SERVICE Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from operating activities Inflow from customers $ 130.000 Outflow for expenses (48,000) $ 82,000 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net change in cash Plus: Beginning cash balance Ending cash balance 82.000 $ 82,000