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Spark Service Company experienced the following transactions for Year 1, its first year of operations: 1. Provided $72,000 of services on account. 2. Collected $43,200

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Spark Service Company experienced the following transactions for Year 1, its first year of operations: 1. Provided $72,000 of services on account. 2. Collected $43,200 cash from accounts recelvable. 3. Paid $26,000 of salaries expense for the year. 4. Adjusted the accounts using the following information from an accounts recelvable aging schedule: Required a. Record the given transactions in general journal form and post to T-accounts. b. Prepare the income statement for Spark Service Company for Year 1. c. What is the net realizable value of the accounts recelvable at December 31 , Year 1? Complete this question by entering your answers in the tabs below. Record the given transactions in general journal form. (If no entry is required for a transaction/event, select "No journal ent Complete this question by entering your answers in the tabs below. Prepare the income statement for Vulcan Service Company for Year 1. (Round your intermediate calcul answers to nearest whole dollar.) Required o. Record the given transactions in general journal form and post to T-accounts. b. Prepare the income statement for Spark Service Company for Year 1. c. What is the net realizable value of the accounts recelvable at December 31 , Year 1 ? Complete this question by entering your answers in the tabs below. What is the net realizable value of the accounts recelvable at December 31 , Year 1 ? (Round your intermedlate calculatior and final answer to nearest whole dollar.)

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