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please urgent all three parts Required information [The following information applies to the questions displayed below] Holmes Cleaning Service began operation on January 1, Year
please urgent all three parts Required information [The following information applies to the questions displayed below] Holmes Cleaning Service began operation on January 1, Year 1. The company experlenced the following events for its first year of operations. Events Affecting Yeor 1 : 1. Provided $180,000 of cleaning services on account. 2. Collected $135,000 cash from accounts recelvable. 3. Paid salaries of $42.000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $1,800. The expense was determined using the percent of revenue method. c. Prepare an income statement, balance sheet, and statement of cash flows for Year 1 . Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare an income statement for Year 1
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