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 Yeart 1. Provided $140,000 of cleaning services on account. 2. Collected $105,000 cash from accounts receivable 3. Pald sales of $28.000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $2,100. The expense was determined using the percent of revenue method. Required a. Prepare general journal entries for the above events of no entry is required for a transaction/event, select "No journal entry required in the first accountfield View transaction ist Journal entry worksheet A C Provided $140.000 de ervices on t tenter det before credas. 00000000 extended deadline Seved 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 $140,000 of cleaning services on account. 2. Collected $105,000 cash from accounts receivable. 3. Pald salaries of $29,000 for the year 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $2.100. The expense was determined using the percent of revenue method b. Post the general journal entries to Taccounts. Service Revenue Allowance for Double Account 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 $140,000 of cleaning services on account. 2. Collected $105,000 cash from accounts receivable. 3. Pald salaries of $28,000 for the year. 4. Adjusted the accounts to reflect management's expectations that uncollectible accounts expense would be $2,100. The expense was determined using the percent of revenue method. c. Prepare an income statement and balance sheet for Year 1 HOLMES CLEANING SERVICE Income Statement For the Year Ended December 31, Year 1 Operating expenses Total Operating expenses HOLMES CLEANING SERVICE Balance Sheet As of December 31 Year