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Holmes Cleaning Service began operation on January 1,2016. The company experienced the following events for its first year of operations: Events Affecting 2016 1 Provided

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Holmes Cleaning Service began operation on January 1,2016. The company experienced the following events for its first year of operations: Events Affecting 2016 1 Provided $84,000 of cleaning services on account 2 Collected $76,000 cash from accounts recelvable. 3. Pald salarnes of $28,500 for the year 4. Adjusted the accounts to reflect management's expectations that uncollectble accounts expense would be $1,650. The expense was determined using the percent of revenue method. 3. 10.00 points a. Prepare general journal entries for the above events. (If no entry is required for transactionevent, select "No journal entry required" in the first account field.) Journal entry worksheet Provided $84,000 of cleaning services on account. 80 3 5 6 Holmes Cleaning Service began operation on January 1,2016. The company experienced the following events for its first year of operations: Events Affecting 2016 1 Provided $84,000 of cleaning services on account 2 Collected $76,000 cash from accounts recelvable. 3. Pald salarnes of $28,500 for the year 4. Adjusted the accounts to reflect management's expectations that uncollectble accounts expense would be $1,650. The expense was determined using the percent of revenue method. 3. 10.00 points a. Prepare general journal entries for the above events. (If no entry is required for transactionevent, select "No journal entry required" in the first account field.) Journal entry worksheet Provided $84,000 of cleaning services on account. 80 3 5 6

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