the problem. Round answers to decimal places, es 1,527) 1 2 3 4 Services performed for customers through February 27, 2022, but unbilled and uncollected were $2.810. Received notice that a customer who was billed $150 for services performed February 10 has filed for bankruptcy, Kingbird Cleaning Services does not expect to collect any portion of this outstanding receivable. Kingbird Cleaning Services uses the allowance method to estimate bad debts Kingbird Cleaning Services estimates that: of its month and receivables will not be collected Record 1 month of depreciation for the floor equipment. Use the straight-line method, an estimated life of 4 years, and $370 salvage value Record 1 month of insurance expense, An inventory count shows $300 of supplies on hand at February 28. One week of services were performed for the customer who paid in advance on February 17, Accrue for wages owed through February 28, 2022. Accrue for interest expense for 1 month 5. 6. 7 8 9. 10 Karen estimates a 20% income tax rate. (Hint: Prepare an income statement up to "income before taxes to help with the income tax calculation) Question 1 of 1 21.66/50 UN LA 1. Accounts Receivable 2,810 Service Revenue 2010 2. Allowance for Doubtful Accounts 150 Accounts Receivable 3. Bad Debt Expense 356 Allowance for Doubtful Accounts 356 4. Depreciation Expense 67 Accumulated Depreciation Equipment 62 5. Insurance Expense 607 Prepaid Insurance 607 6. Supplies Expense 430 Supplies 4:10 7. Unearned Service Revenue Service Revenue 8 Salaries and Wapes Expense 1:40 Salaries and Wages Payable 1.440 9. Interest Expense 30 Interest Payable 30 10. . Income Tax Expense 566 Income Taxes Payable 566 KINGBIRD CLEANING SERVICES INC. Trial Balance Debit Credit Total the problem. Round answers to decimal places, es 1,527) 1 2 3 4 Services performed for customers through February 27, 2022, but unbilled and uncollected were $2.810. Received notice that a customer who was billed $150 for services performed February 10 has filed for bankruptcy, Kingbird Cleaning Services does not expect to collect any portion of this outstanding receivable. Kingbird Cleaning Services uses the allowance method to estimate bad debts Kingbird Cleaning Services estimates that: of its month and receivables will not be collected Record 1 month of depreciation for the floor equipment. Use the straight-line method, an estimated life of 4 years, and $370 salvage value Record 1 month of insurance expense, An inventory count shows $300 of supplies on hand at February 28. One week of services were performed for the customer who paid in advance on February 17, Accrue for wages owed through February 28, 2022. Accrue for interest expense for 1 month 5. 6. 7 8 9. 10 Karen estimates a 20% income tax rate. (Hint: Prepare an income statement up to "income before taxes to help with the income tax calculation) Question 1 of 1 21.66/50 UN LA 1. Accounts Receivable 2,810 Service Revenue 2010 2. Allowance for Doubtful Accounts 150 Accounts Receivable 3. Bad Debt Expense 356 Allowance for Doubtful Accounts 356 4. Depreciation Expense 67 Accumulated Depreciation Equipment 62 5. Insurance Expense 607 Prepaid Insurance 607 6. Supplies Expense 430 Supplies 4:10 7. Unearned Service Revenue Service Revenue 8 Salaries and Wapes Expense 1:40 Salaries and Wages Payable 1.440 9. Interest Expense 30 Interest Payable 30 10. . Income Tax Expense 566 Income Taxes Payable 566 KINGBIRD CLEANING SERVICES INC. Trial Balance Debit Credit Total
