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how do i solve this Rosie Dry Cleaning was started on January 1, Year 1. It experienced the following events during its first two years

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Rosie Dry Cleaning was started on January 1, Year 1. It experienced the following events during its first two years of operation. Events Affecting Year 1 1. Provided $26,540 of cleaning services on account. 2. Collected $21,232 cash from accounts receivable. 3. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. Events Affecting Year 2 1. Wrote off a $199 account receivable that was determined to be uncollectible. 2. Provided $30,972 of cleaning services on account. 3. Collected $27,410 cash from accounts recelvable. 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. Required a. Record the events for Year 1 and Year 2 (including closing entricts for Year 1) in T-accounts. b. Determine the following amounts: (1) Net income for Year 1 . (2) Net cash flow from operating activities for Year 1 . (3) Balance of accounts recelvable at the end of Year 1. (4) Net realizable value of accounts recelvable at the end of Year 1. \begin{tabular}{|l|l|l|l|} \hline & & & \end{tabular} (4) Net realizable value of accounts receivable at the end of Year 1. c. Repeat Requirement b for the Year 2 accounting period, Complete this question by entering your answers in the tabs below. Determine the following amounts: (Round your intermediate calculations to nearest whole dollar.) (1) Net income for Year 1. (2) Net cash flow from operating activities for Year 1. (3) Balance of accounts receivable at the end of Year 1 . (4) Net realizable value of accounts recelvable at the end of Year 1 . b. Determine the following amounts: (1) Net income for Year 1. (2) Net cash flow from operating activities for Year 1. (3) Balance of accounts receivable at the end of Year 1. (4) Net realizable value of accounts receivable at the end of Year 1. c. Repeat Requirement b for the Year 2 accounting period. Complete this question by entering your answers in the tabs below. Repeat Requirement b for the Year 2 accounting period. (Round your intermediate calculations to nearest

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