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Roth Service Co experienced the following transactions for Year 1, its first year of operations: 1. Provided $76,000 of services on account 2 Collected $45,400

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Roth Service Co experienced the following transactions for Year 1, its first year of operations: 1. Provided $76,000 of services on account 2 Collected $45,400 cash from accounts receivable. 3. Paid $32,000 of salaries expense for the year. 4. Roth adjusted the accounts using the following information from an accounts receivable aging schedule bok nt Allowance Balance int Number of Days Past Due Current 8-30 31-60 61-90 Over 90 days ances Percent likely to Be Uncollectible 0.01 0.05 0.10 0.30 0.50 Amount $16,900 5,300 3,700 1,600 3,100 Required a. Organize the transaction data in accounts under an accounting equation b. Prepare an income statement for Roth Service Co, for Year 1 la Dorem ne 21 van 13 Sithontis Antha

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