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Tre n i uur Ownes i une questions UiSayeu veuw. Fraud Investigators Inc, operates a fraud detection service. a. On March 31, 10 customers were

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Tre n i uur Ownes i une questions UiSayeu veuw. Fraud Investigators Inc, operates a fraud detection service. a. On March 31, 10 customers were billed for detection services totaling $25,000. b. On October 31, a customer balance of $1,500 from a prior year was determined to be uncollectible and was written oll c. On December 15, a customer paid an old balance of $900, which had been written off in a prior year. d. On December 31, $500 of bad debts were estimated and recorded for the year. E8-9 Part 1 Required: 1. Prepare journal entries for each transaction above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Fraud Investigators Inc. operates a fraud detection service. a. On March 31, 10 customers were billed for detection services totaling $25,000. b. On October 31, a customer balance of $1,500 from a prior year was determined to be uncollectible and was written off c. On December 15, a customer paid an old balance of $900, which had been written off in a prior year. d. On December 31, $500 of bad debts were estimated and recorded for the year. E8-9 Part 2 2. Complete the following table, indicating the amount and effect (+ for increase, - for decrease, and NE for no effect) of each transaction. Ignore income taxes. Transaction Net Receivables Net Sales Income From Operations

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