Question: C is the same as B but for year 2 Required A Required B Required C Record the events for Year 1 and Year 2

C is the same as B but for year 2
C is the same as B but for year 2 Required A
Required B Required C Record the events for Year 1 and Year
2 (including closing entries for Year 1) in T-accounts. (Round your answers

Required A Required B Required C Record the events for Year 1 and Year 2 (including closing entries for Year 1) in T-accounts. (Round your answers to nearest whole dollar.) \begin{tabular}{|l|l|l|l|} \hline Year 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Beg. Bal. & Retained Earnings \\ \hline End. Bal. & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Year 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline Bal. & & & \\ \hline Year 2 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Year 1 & & & \\ \hline & & & \\ \hline & & & \\ \hline Bal. & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|l|} \hline Year 1 & Allowance for Doubtful Accounts \\ \hline Bal. & \\ \hline Year 2 & & \\ \hline \end{tabular} Required B . Events Affecting Year 1 1. Provided $31,090 of cleaning services on account. 2. Collected $24,872 cash from accounts receivable. 3. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. Events Affecting Year 2 1. Wrote off a $233 account receivable that was determined to be uncollectible. 2. Provided $36,282 of cleaning services on account. 3. Collected $32,110 cash from accounts receivable. 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. Required a. Record the events for Year 1 and Year 2 (including closing entries for Year 1) in T-accounts. b. Determine the following amounts: (1) Net income for Year 1. (2) Net cash flow from operating activities for Year 1. (3) Balance of accounts receivable at the end of Year 1. (4) Net realizable value of accounts recelvable at the end of Year 1. Events Affecting Year 2 1. Wrote off a $233 account receivable that was determined to be uncollectible. 2. Provided $36,282 of cleaning services on account. 3. Collected $32,110 cash from accounts receivable. 4. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense revenue on account. Required a. Record the events for Year 1 and Year 2 (including closing entries for Year 1 ) in T-accounts. b. Determine the following amounts: (1) Net income for Year 1. (2) Net cash flow from operating activities for Year 1. (3) Balance of accounts receivable at the end of Year 1. (4) Net realizable value of accounts receivable at the end of Year 1. c. Repeat Requirement b for the Year 2 accounting period. Complete this question by entering your answers in the tabs below. Determine the following amounts: (Round your intermediate calculations to nearest whole dollar.) (1) Net income for Year 1. (2) Net cash flow from operating activities for Year 1. (3) Balance of accounts receivable at the end of Year 1. (4) Net realizable value of accounts receivable at the end of Year 1

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