Required information (The following information applies to the questions displayed below.) Holmes Cleaning Service began operation on January 1, Year 1. The company experienced the following events for its first year of operations: Events Affecting Year 1: 1. Provided $160,000 of cleaning services on account. 2. Collected $120,000 cash from accounts receivable. 3. Paid salaries of $32,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $2,200. The expense was determined using the percent of revenue method. Journal entry worksheet Provided $160,000 of cleaning services on account. Note: Enter debits before credits. Event General Journal Debit Credit 1 Accounts receivable Journal entry worksheet Collected $120,000 cash from accounts receivable. Note: Enter debits before credits. Event General Journal Debit Credit 2 Journal entry worksheet