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Porform the following nocounting tanks for the receivable of Cavanaugh and Johnson, a law firm of December 31, 2021 Read the fedemens Requirements 1 and

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Porform the following nocounting tanks for the receivable of Cavanaugh and Johnson, a law firm of December 31, 2021 Read the fedemens Requirements 1 and 2. T-accounts have been set up for Cash, Accounts Receivable, and Service Revenue Start with the beginning balances as follows: Cash $30,000, Accounts Receivable $89.000; und Service Revenue, 0 Post the following 2021 transactions to the Toccount a. Service revenue of $702,000, al on account b. Collections on account. $720,000 What are the ending balances of Cushi, Accounts Receivable and Service Revenue? Abbreviation wed: Beg bial Beginning balance, End bal - Finding balance Uncoll not exp = Uncollectible Account Expense. Enter a o for any zero balances Cash Accounts Receivable Service Revenue Requirements 1. T-accounts have been set up for Cash, Accounts Receivable, and Service Revenue. Start with the beginning balances as follows: Cash $30,000; Accounts Receivable $99,000; and Service Revenue, $0. Post the following 2021 transactions to the T-accounts: a. Service revenue of $702,000, all on account b. Collections on account, $720,000 2. What are the ending balances of Cash, Accounts Receivable and Service Revenue? Print Done

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