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Rosie Dry Cleaning was started on January 1, 2016. It experienced the following events during its first two years of operation: Events Affecting 2016 1.

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Rosie Dry Cleaning was started on January 1, 2016. It experienced the following events during its first two years of operation: Events Affecting 2016 1. Provided $27,200 of cleaning services on account. 2. Collected $21,760 cash from accounts receivable. 3. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Events Affecting 2017 1. Wrote off a $204 account receivable that was determined to be uncollectible. 2. Provided $31,742 of cleaning services on account. 3. Collected $28,092 cash from accounts receivable. 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Required a. Record the events for 2016 and 2017 in T-accounts.(Round your answers to nearest whole dollar.) Cash Retained Earnings 2016 Beg. Bal. Bal. End. Bal. 2017 End. Bal

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