Question: help asap please Listed below are several transactions that took place during the second and third years of operations for the RPG Company Year 2

help asap please help asap please Listed below are several transactions that took place during

Listed below are several transactions that took place during the second and third years of operations for the RPG Company Year 2 $410,000 320,000 Year 3 $510.000 460,000 points Amounts billed to customers for services rendered Cash collected from credit customers Cash disbursements Payment of rent Salarios paid to employees for services rendered during the year Utilities Advertising 86,000 146,000 36.000 18.000 166,000 46.000 41,000 erences In addition, you learn that the company incurred advertising costs of $31,000 in year 2, owed the advertising agency $5,600 at the end of year 1, and there were no liabilities at the end of year 3. Also, there were no anticipated bad debts on receivables, and the rent payment was for a two-year period, year 2 and year 3. Required: 1. Calculate accrual net income for both years. 2. Determine the amount due the advertising agency that would be shown as a liability on RPG's balance sheet at the end of year 2. Complete this question by entering your answers in the tabs below. Required Ribuired 2 Determine the amount due the advertising agency that would be shown as a liability on RPG's balance sheet at the end of year 2 Advertising labay at end of Year 2

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