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Required Based on this information alone: a. Record the events under an accounting equation. b. Prepare an income statement, balance sheet, ahd statement of cash

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Required Based on this information alone: a. Record the events under an accounting equation. b. Prepare an income statement, balance sheet, ahd statement of cash flows for the Year 1 accounting period. c. Ignoring all other future events, what is the amount of service revenue that would be recognized in Year 2 ? Complete this question by entering your answers in the tabs below. Record the events under an accounting equation. (Do not round intermediate calculations. Enter any decreases to account balances with a minus sign.)

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