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Record the given transactions in general journal form. (If no entry is required for a transaction/event, select No journal entry required in the first account

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Record the given transactions in general journal form. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to nearest whole dollar.) Journal entry worksheet B D Journal entry worksheet Record the adjusting entry for uncollectible accounts. Note: Enter debits before credits. Journal entry worksheet Paid $28,000 of salaries expense for the year. Note: Enter debits before credits: Journal entry worksheet Collected $48,000 cash from accounts receivable. Note: Enter debits before credits. Vulcan Service Company experienced the following transactions for Year 1, its first year of operations: 1. Provided $80,000 of services on account. 2. Collected $48,000 cash from accounts receivable. 3. Paid $28,000 of salaries expense for the year. 4. Adjusted the accounts using the following information from an accounts receivable aging schedule: Required a. Record the given transactions in general journal form and post to T-accounts. b. Prepare the income statement for Vulcan Service Company 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. Record the given transactions in general journal form. (If no entry is required for a transaction/event, select "No journat entry require in the first account field, Round your intermediate calculations and final answers to nearest whole dollar.)

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