PIYE... YEEZY SUPPLY brandy melville YouTube Gmail Quiz: Quiz - Chap. Question art 1: Before Class Online (ADA/BDE) 3 i Saved Vulcan Service Co. experienced the following transactions for Year 1, its first year of operations: 1. Provided $91,000 of services on account. 2. Collected $72,000 cash from accounts receivable. 3. Paid $36,000 of salaries expense for the year. 4. Adjusted the accounts using the following information from an accounts receivable aging schedule: Number of Days Past Due Current Allowance Balance 0-30 Percent Likely to Be Uncollectible 0.01 0.05 0.10 0.20 0.50 Amount $ 7,800 4,500 2,000 2,200 2,500 31-60 61-90 Over 90 days Required a. Record the above transactions in general journal form and post to T-accounts. b. Prepare the income statement for Vulcan Service Co. for Year 1. c. What is the net realizable value of the accounts receivable at December 31, Year 1? Complete this question by entering your answers in the tabs below. Required A General Journal Required AT Accounts Required B Required C TOUUDU Hei Gmail Quiz: Quiz - Chap... Question 1 - CH Part 1: Before Class Online (ADA/BDE) 3 i Saved H Required A General Journal Required AT Accounts Required B Required C Record the above transactions in post to T-accounts. Cash Service Revenue Beg. Bal Beg. Bal. End. Bal. End. Bal. Accounts Recelvable Salaries Expense Beg. Bal. Beg. Bal. End, Bal. 0 End. Bal. Allowance for Doubtful Accounts Uncollectible Acctounts Expense Beg Bal Beg. Bal. End. Bal. End. Bal.