Holmes Geaning Service began operation on Janiary 1. Year 1. The company experienced the following everits for its first year of operations Events Affecting Year t: 1. Provided 5 t 60,000 of cleaning services on account. 2 collected $120.000 cash from accounts recervable 3. Peid salaries of $40,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,300. The expense Was determined using the percent of revenue method Required: a. Organite the trarsaction data in accounts undet an accounting equation b. Prepare an income statement, a balance sheet, and a statement of cash flows for Year 1 Compinte this question by enterieg vear answers in the tabs betow. Orqamite the transection data in accocints under an accounting equation. Tiptei finter and decreases to account balances with a minus sign. Hot all cells require input. 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. Preparm an incomn of tement for Year 1. Required: a. Organize the tarbaction data in accounts under an accounting equation. b. Prepare an income statement, a balance shect, and a statement of cash flows for Yoar 1. Complete this question by entering your answers in the tabs below. Piopare a bulante sheet for Year 1. Required: a. Organtze the triarsaction data in accounts under an accounting equation. b. Prepare an incorne statement, a balance sheet, and a statement of cash flows for Year 1. Coenplete this quetiona by entering your answers in the tabs below. Prepare a tatement of cash flows for year 1. Note: Amounts to be deducted shoild bef Indicated with a minus ingn