Please help me with my homework. I am super lost... Here is the prompt:

Accounts Receivable:

What would be the effect of the following on Total Assets and Pretax Income

during 2023? Assume Match is good at estimating bad debts and severance liabilities. The problem is

asking for the effect of the transactions during 2023. If a transaction originated in 2022 (e.g.,

a sale on account), the question is asking what would be recorded during 2023.

If the transaction necessitated multiple journal entries during 2023 (e.g., both a sale and write-off), the question is asking for the total effect of both. Your answers should be in the form of a + or - followed by a number with no spaces or dollar signs (e.g., "-10"). If there is no change, the answer would be "0" with no sign.

1. During 2023, Match provides services for $100 on accounts receivable, due in 2024. Of

the total sales of $100, Match estimates that 2% will ultimately not be collected.

2023:

Total Assets:

Pretax Income:

2. During 2022, Match provided services for $100 on accounts receivable of which Match

estimated that 2% would ultimately not be collected. During 2023, Match collects $98 of the

$100 of receivables from 2022 and the other $2 are written off.

2023:

Total Assets:

Pretax Income:

Part V. Accounts Receivable

What would be the effect of the following on Total Assets and Pretax Income

during 2023

?

Assume Match is good at estimating bad debts and severance liabilities. The problem is

asking for the effect of the transactions

during 2023

. If a transaction originated in 2022 (e.g.,

a sale on account), the question is asking what would be recorded

during 2023.

If the

transaction necessitated multiple journal entries

during 2023

(e.g., both a sale and write-off),

the question is asking for the total effect of both. Your answers should be in the form of a +

or - followed by a number with no spaces or dollar signs (e.g., "-10"). If there is no change,

the answer would be "0" with no sign. (10 points)

1.

During 2023, Match provides services for $100 on accounts receivable, due in 2024. Of

the total sales of $100, Match estimates that 2% will ultimately not be collected.

2023:

Total Assets:

Pretax Income:

2.

During 2022, Match provided services for $100 on accounts receivable of which Match

estimated that 2% would ultimately not be collected. During 2023, Match collects $98 of the

$100 of receivables from 2022 and the other $2 are written off.

2023:

Total Assets:

Pretax Income:

3. During 2022, Match provided services for $100 on accounts receivable of which Match

estimated that 2% would ultimately not be collected.

During 2023, Match did not collect any

of the receivables and increased the proportion that they expected to be uncollectible from

the original 2% to 4%.

2023:

Total Assets:

Pretax Income:

4. During 2023, Match closes one of its divisions. As a result, Match estimates that the

associated Property & Equipment, which was carried on the books for $100, is only worth

$60. In addition, Match is legally obligated to pay $30 in severance to employees who were

laid off (payment to be made in 2024).

2023:

Total Assets:

Pretax Income:

5. During 2022, Match closed one of its divisions. At the time, Match estimated that the

associated Property & Equipment, which was carried on the books for $100, was only worth

$60. In addition, Match was legally obligated to pay $30 in severance to the employees they

laid off. During 2023, Match sells the Property & Equipment for $50 ($10 less than

anticipated) and pays the severance of $30 in full.

2023:

Total Assets:

Pretax Income:

Income statement and balance sheet:

MATCH GROUP Balance Sheet Cash Inventory Total Current Assets Property and equipment, cost Accumulate Property and equipment, net Other assets Total assets Current portion of long term debt Compensation payable Accounts payable |& accrued liab. Deferred revenue Long term debt Total liabilities Contributed capital Retained earnings Treasury stock Total equity and liabilities 2023 2022 $ 900 $ 500 $ 400 200 $ 100 200 $ 1,400 900 5000 4200 $ (2.000) (1,400) $ 3000 2,800 $ 700 700 $ 5,100 $ 4,400 - 400 $ 200 300 $ 200 100 $ 1,600 1000 $ 2,100 1,900 $ 4,100 3,700 9,200 $ 9,200 (7,600) (8,000) $ (600) (500) $ 1,000 700 $ 5,100 S 4,400 400 200 (100) 800 (600) 200 (400) (100) 100 600 200 400 (100) Income Statement Customer revenue Advertising revenue Total revenue Marketing expense Compensation expense Depreciation expense Gain on Sale of PP&E Interest expense Pretax Income Income tax jexpense 2023 $ 3,400 900 4,300 (1,200) (1,500) (800) 800 100 (100) 800 (200) 600