(4) Net realizable value of accounts receivable at the end of Year 2. Answer is...

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Accounting

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(4) Net realizable value of accounts receivable at the end of Year 2. Answer is not complete. Complete this question by entering your answers in the tabs below. Req A1 Reg A2 Req B Reqc Organize the transaction data in accounts under an accounting equation for Year 1. (Enter any decreases to account balances with a minus sign. Not all cells require input.) Account Titles for Retained Earnings Event Cash ROSIE DRY CLEANING Accounting Equation for Year 1 Balance Sheet Assets Liabilities Equity NRV Retained Accounts Receivable Earnings 31,870 31,870 (25,496) + + (319) (319) 6,374 (319) + 31,551 + Service revenue 1. 2. 25,496 Uncollectible accounts expense 3 25,496 Bal. + Reg A2 > Answer is not complete. Complete this question by entering your answers in the tabs below. Req A1 ReqjA2 Reg B Reqc Organize the transaction data in accounts under an accounting equation for Year 2. (Enter any decreases to account balances minus sign. Not all cells require input.) ROSIE DRY CLEANING Accounting Equation for Year 2 Balance Sheet Assets Liabilities Equity NRV Retained Accounts Earnings Receivable Account Titles for Retained Earnings Event Cash Bal. + 239 X + + 1. 37,192 + = Service revenue 2 (239) 37,192 (32,915) 4 11 3. 32,915 Uncollectible accounts expense 4. + + + (372) + (133) (372) 36,820 + 4,038 II 32,915 Bal of 3 Next > x Answer is Complete this question by entering your answers in the Req A1 Req A2 Req B Reqc Determine the following amounts for the Year 1 accounting per Net income $ 31,498 X $ 25,496 Net cash flow from operating activities Balance of accounts receivable Net realizable value of accounts receivable 6,374 $ $ 6,002 X

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