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Huang Trucking Company was organized on January 1 . At the end of the first quarter ( three months ) of operations, the owner prepared

Huang Trucking Company was organized on January 1. At the end of the first quarter (three months) of operations, the owner prepared a summary of its activities as shown in the first row of the following tabulation:
Required:
For each of the six transactions given in this tabulation, enter what you consider to be the correct amounts. The first transaction is illustrated.
Note: Amounts to be deducted and losses/outflows should be indicated with a minus sign.
Answer is not complete.
\table[[,Computation of],[Summary of Transactions,Income,Cash],[\table[[a. Services performed for customers, $72,000, of which $20,000 remained uncollected at],[the end of the quarter.]],$,72,000,52,000],[b. Cash borrowed from the local bank, $54,000(one-year note).,,0,54,000
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