Roth Service Co. experienced the following transactions for Year 1, its first year of operations 1. Provided $74.000 of services on account 2 Collected $43,300 cash from accounts receivable 3. Paid $28,000 of salaries expense for the year 4. Roth adjusted the accounts using the following information from an accounts receivable aging schedule Allowance Balance Number of Days Past Due Current 0-30 31-60 61.90 Over sa do Amount $16,660 6,000 3,000 2,000 3.100 Percent Likely to be Uncollectible 0.01 0.05 3.10 0.30 0.50 Required a. Organize the transaction data accounts under an accounting equation b. Preparent for Roth Service Co, for Year c. What is the net realizable value of the accounts receivable at December 31, Year? Complete this question by entering your answers in the tabs below. Prev 12.12 NA 3 a $ 4 5 6 7 8 9 ework (Chapters 3.4 & 5a) 6 Saved Complete this question by entering your answers in the tabs below. Required A Required B Required Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances wit sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank. Not all cells will require ent ROTH SERVICE CO. Horizontal Statements Model Assets Equity Accounts Titles for Retained INRV Accounts Liabilities Cash Retained Earnings Receivable Earnings 74 000 Service revenue 43,300+ (43.300 (28,000) + (2.916) 2 3 + + + + + 15 3001+ 27.784 = 0 Required B >