Rosie Dry Cleaning was started on January 1 Year 1 It experienced the following events during its first two years of operation Events Affecting Year 1 1 Provided $27,460 of cleaning services on account 2 Collected $21,968 cash from accounts recelvable 3 Adjusted the accounting records to reflect the estumate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Events Affecting Year 2 1 Wrote off a $206 account recelvable that was determined to be uncollectible 2 Pronded $32046 of cleaning services on accourt 3 Collected $28,361 cash from accounts recelvable 4 Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be i percent of the cleaning revenue on account Required a Organze the transaction data in accounts under an accounting equation for each yeat b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts recelvable at the end of Year 1 (4) Net realizable value of accounts recelvable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activites for Yeat 2 (3) Balance of accounts recelvable at the end of Year 2 (4) Not realizable value of accounts recelvable at the end of Year 2 Complete this question by entering vour answers in the tabs below Organize the transaction data in accounts under an accounting equation for Year 1 Notet Enter any decreases to account balances with a minus sign, Fiot all cells require inpot (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts recelvable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Organize the transaction data in accounts under an accounting equation for Year 1 Note Enter any decreases to account balances with a minus sign Not all cells require input b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts receivable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Organize the transaction data in accounts under an accounting equation for Year 2 Note Enter any decreases to account balances with a minus sign Not all cells require input revenue on account Required a Organize the transaction data in accounts under an accounting equation for each year b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts receivable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Determine the following amounts for the Year 1 accounting period Note Round your answers to nearest whole dollar amount Required a Organize the transaction data in accounts under an accounting equation for each year b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts receivable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Determine the following amounts for the Year 2 accounting period Note Round your answers to nearest whole dollar amount Rosie Dry Cleaning was started on January 1 Year 1 It experienced the following events during its first two years of operation Events Affecting Year 1 1 Provided $27,460 of cleaning services on account 2 Collected $21,968 cash from accounts recelvable 3 Adjusted the accounting records to reflect the estumate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account Events Affecting Year 2 1 Wrote off a $206 account recelvable that was determined to be uncollectible 2 Pronded $32046 of cleaning services on accourt 3 Collected $28,361 cash from accounts recelvable 4 Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be i percent of the cleaning revenue on account Required a Organze the transaction data in accounts under an accounting equation for each yeat b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts recelvable at the end of Year 1 (4) Net realizable value of accounts recelvable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activites for Yeat 2 (3) Balance of accounts recelvable at the end of Year 2 (4) Not realizable value of accounts recelvable at the end of Year 2 Complete this question by entering vour answers in the tabs below Organize the transaction data in accounts under an accounting equation for Year 1 Notet Enter any decreases to account balances with a minus sign, Fiot all cells require inpot (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts recelvable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Organize the transaction data in accounts under an accounting equation for Year 1 Note Enter any decreases to account balances with a minus sign Not all cells require input b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts receivable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Organize the transaction data in accounts under an accounting equation for Year 2 Note Enter any decreases to account balances with a minus sign Not all cells require input revenue on account Required a Organize the transaction data in accounts under an accounting equation for each year b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts receivable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Determine the following amounts for the Year 1 accounting period Note Round your answers to nearest whole dollar amount Required a Organize the transaction data in accounts under an accounting equation for each year b Determine the following amounts (1) Net income for Year 1 (2) Net cash flow from operating activities for Year 1 (3) Balance of accounts receivable at the end of Year 1 (4) Net realizable value of accounts receivable at the end of Year 1 c Determine the following amounts (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below Determine the following amounts for the Year 2 accounting period Note Round your answers to nearest whole dollar amount

Question

Rosie Dry Cleaning was started on January 1  Year 1  It experienced the following events during its first two years of operation  Events Affecting Year 1 1  Provided $27,460 of cleaning services on account  2 Collected $21,968 cash from accounts recelvable  3  Adjusted the accounting records to reflect the estumate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account  Events Affecting Year 2 1  Wrote off a $206 account recelvable that was determined to be uncollectible  2 Pronded $32046 of cleaning services on accourt  3  Collected $28,361 cash from accounts recelvable  4  Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be i percent of the cleaning revenue on account  Required  a  Organze the transaction data in accounts under an accounting equation for each yeat  b  Determine the following amounts (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts recelvable at the end of Year 1  (4) Net realizable value of accounts recelvable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activites for Yeat 2 (3) Balance of accounts recelvable at the end of Year 2 (4) Not realizable value of accounts recelvable at the end of Year 2 Complete this question by entering vour answers in the tabs below  Organize the transaction data in accounts under an accounting equation for Year 1  Notet Enter any decreases to account balances with a minus sign, Fiot all cells require inpot  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts recelvable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2  Complete this question by entering your answers in the tabs below  Organize the transaction data in accounts under an accounting equation for Year 1  Note  Enter any decreases to account balances with a minus sign  Not all cells require input  b  Determine the following amounts  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts receivable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2  Complete this question by entering your answers in the tabs below  Organize the transaction data in accounts under an accounting equation for Year 2  Note  Enter any decreases to account balances with a minus sign  Not all cells require input  revenue on account  Required  a  Organize the transaction data in accounts under an accounting equation for each year  b  Determine the following amounts  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts receivable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2  Complete this question by entering your answers in the tabs below  Determine the following amounts for the Year 1 accounting period  Note  Round your answers to nearest whole dollar amount  Required  a  Organize the transaction data in accounts under an accounting equation for each year  b  Determine the following amounts  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts receivable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below  Determine the following amounts for the Year 2 accounting period  Note  Round your answers to nearest whole dollar amount  Rosie Dry Cleaning was started on January 1  Year 1  It experienced the following events during its first two years of operation  Events Affecting Year 1 1  Provided $27,460 of cleaning services on account  2 Collected $21,968 cash from accounts recelvable  3  Adjusted the accounting records to reflect the estumate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account  Events Affecting Year 2 1  Wrote off a $206 account recelvable that was determined to be uncollectible  2 Pronded $32046 of cleaning services on accourt  3  Collected $28,361 cash from accounts recelvable  4  Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be i percent of the cleaning revenue on account  Required  a  Organze the transaction data in accounts under an accounting equation for each yeat  b  Determine the following amounts (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts recelvable at the end of Year 1  (4) Net realizable value of accounts recelvable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activites for Yeat 2 (3) Balance of accounts recelvable at the end of Year 2 (4) Not realizable value of accounts recelvable at the end of Year 2 Complete this question by entering vour answers in the tabs below  Organize the transaction data in accounts under an accounting equation for Year 1  Notet Enter any decreases to account balances with a minus sign, Fiot all cells require inpot  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts recelvable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2  Complete this question by entering your answers in the tabs below  Organize the transaction data in accounts under an accounting equation for Year 1  Note  Enter any decreases to account balances with a minus sign  Not all cells require input  b  Determine the following amounts  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts receivable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2  Complete this question by entering your answers in the tabs below  Organize the transaction data in accounts under an accounting equation for Year 2  Note  Enter any decreases to account balances with a minus sign  Not all cells require input  revenue on account  Required  a  Organize the transaction data in accounts under an accounting equation for each year  b  Determine the following amounts  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts receivable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2  Complete this question by entering your answers in the tabs below  Determine the following amounts for the Year 1 accounting period  Note  Round your answers to nearest whole dollar amount  Required  a  Organize the transaction data in accounts under an accounting equation for each year  b  Determine the following amounts  (1) Net income for Year 1  (2) Net cash flow from operating activities for Year 1  (3) Balance of accounts receivable at the end of Year 1  (4) Net realizable value of accounts receivable at the end of Year 1  c  Determine the following amounts  (1) Net income for Year 2 (2) Net cash flow from operating activities for Year 2 (3) Balance of accounts receivable at the end of Year 2 (4) Net realizable value of accounts receivable at the end of Year 2 Complete this question by entering your answers in the tabs below  Determine the following amounts for the Year 2 accounting period  Note  Round your answers to nearest whole dollar amount

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

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