I don't know how to do section e from the question.

A) Event 1 2 3 4 1 2 3 4a 4b 5 6 Type of Transaction 2016 Asset Source Asset Source Asset Exchange Asset Use 2017 Asset Source Asset Exchange Asset Exchange Asset Exchange Asset Exchange Asset Use Asset Use C) Date 1 2 3 4a 4b 5 6 1% Journal Entries For Counseling Sports. 2017 Account Title Debit Accounts Receivable $ 84,000 Service Revenue Cash $ 70,000 Accounts Receivable Allowance for Doubtful Accounnts $ 1,100 Accounts Receivable Accounts Receivable $ 200 Allowance for Doubtful Accounnts Cash $ 200 Accounts Receivable Operating Expenses $ 51,200 Cash Uncollectible Accounts Expense $ 840 Allowance for Doubtful Accounnts Amount of uncollectible accounts expense of $ 84,000 = $ Assets Bal. Bal. Bal. Bal. $ $ $ $ $ $ $ $ Bal. $ $ Bal. Cash 67,000 $ 70,000 $ 200 86,000 Credit $ 84,000 $ 70,000 $ 1,100 $ 200 $ 200 $ 51,200 840 840 Counseling Sports T-Acounts 2016 = 51,200 86,000 Accounts Receivable 8,000 $ 70,000 84,000 $ 1,100 200 $ 200 20,900 Allowance for DA $ 1,400 1,100 $ 200 1,340 $ 840 $ 1,340 Bal. Equity Common Stock $ 5,000 Bal. Retained Earnings $ 68,600 Bal. Service Revenue 84,000 $ 84,000 $ 84,000 Bal. Operating Expenses $ 51,200 $ 51,200 $ 51,200 Bal. Uncollectible Acc. Exp. $ 840 $ 840 $ 840 $ Income Statement For the year ended December 31, 2017 Service Revenue $ 84,000 Operating Expenses $ 51,200 Uncollectible Acc. Exp. $ 840 Total Expenses $ (52,040) Net Income $ 31,960 Statement of changes in Stockholders' Equity At December 31, 2017 Beginning Common Stk. $ 5,000 Plus: Stock Issue $ Ending Common Stk. $ 5,000 Beginning Ret. Earn. Plus: Net Income Ending Ret. Earn. $ $ 68,600 31,960 $ 100,560 Total Stockholders' Equity $ 105,560 Balance Sheet December 31, 2017 Assets Cash Account Receivable Less: Allowance for DA Total Assets $ $ $ $ 86,000 20,900 (1,340) $ 105,560 19,560 Liabilities $ Stockholders' Equity Common Stock $ Retained Earnings $ Total Stockholders' Equity $ 5,000 100,560 100,560 Total Liabilities & Stk.Eqt 105,560 $ - C) Journal Entries For Counseling Sports. 2016 Account Title Debit 1 Cash $ 5,000 Common Stock 2 Account Receivable $ 70,000 Service Revenue 3 Cash $ 62,000 Account Receivable 4 Uncollectible Accounts Expense $ 1,400 Allowance for Doubtful Accounts Date 2% Amount of uncollectible accounts expense of $ 70,000 = $ Assets Bal. $ $ $ $ Bal. Bal. $ Allowance for DA 1400 1400 1400 $ 5,000 $ 70,000 $ 62,000 $ 1,400 1,400 Counseling Sports T-Acounts 2016 = Cash 5,000 $ 67,000 62,000 67,000 Accounts Receivable 70,000 $ 62,000 $ 8,000 8,000 Credit Bal. Equity Common Stock $ 5,000 $ 5,000 $ 5,000 Bal. Service Revenue 70,000 $ 70,000 $ 70,000 Bal. Uncollectible Acc. Exp. $ 1,400 $ 1,400 $ 1,400 $ D) Income Statement For the year ended December 31, 2016 Service Revenue $ 70,000 Uncollectible Acc. Exp. $ 1,400 Net Income $ 68,600 Statement of changes in Stockholders' Equity At December 31, 2016 Beginning Common Stk. $ 5,000 Plus: Stock Issue $ Ending Common Stk. $ 5,000 Beginning Ret. Earn. Plus: Net Income Ending Ret. Earn. $ $ 68,600 $ 68,600 $ 73,600 $ 67,000 8,000 (1,400) $ $ 6,600 73,600 Total Stockholders' Equity Balance Sheet 31-Dec-16 Assets Cash Account Receivable Less: Allowance for DA Total Assets $ $ Liabilities $ Stockholders' Equity Common Stock $ Retained Earnings $ Total Stockholders' Equity $ 5,000 68,600 73,600 Total Liabilities & Stk.Eqt $ 73,600 - B) Effects on Finanical Statement Event 2016 1 2 3 4 2017 1 2 3 4a 4b 5 6 Assets = Liabilities + Equity Revenue - Expenses + + = = = = NA NA NA NA + + + + + + NA - NA + NA NA - NA NA NA + = = = = = = = NA NA NA NA NA NA NA + + + + + + + + NA NA NA NA - + NA NA NA NA NA NA - NA NA NA NA NA + + + - = Net Income Cash Flow = = = = NA + NA - +FA NA +OA -OA = = = = = = = + NA NA NA NA - NA +OA NA NA +OA -OA NA