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 $1$:

Provided $$200,000$ of cleaning services on account.

Collected $$150,000$ cash from accounts receivable.

Paid salaries of $$40,000$ for the year.

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.

b$.$ Post the general journal entries to T$-$accounts.