I don't understand the problem. If I need to be specific I mostly need to know how to find the service revenue receivable balance.

Chrome File Edit View History Bookmarks People Window Help ) 85% @ Mon 8:21 PM Sisters Q E Bb Notes - 2020 Spring Ter x Chapter 16 Accounting |X Er Ch 16 - Acctg for ITX - (x C Solved: Alsup Consulting x *(1) .docx X C a Secure | https:/ewconnect.mheducation.com/flow/connect.html Ch 16 - Acctg for ITX - Graded HW Saved Help Save & Exit Submit Screen Shot Check my work Data Review Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax I + purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2020-2023 10 are as follows: Setup New points Pretax Accounting H Service Revenue Collections Income eBook 2020 $696, 000 $656,000 $222,000 2021 786,000 814,000 296,000 Print 2022 746,000 738,000 264,000 2023 752,000 756,000 236,000 References There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 25% (Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2020- 2023.) Required: 500 1. to 3. Prepare the appropriate journal entries to record Alsup's 2021 income taxes, 2022 income taxes and 2023 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet Graw Hill 29 a 6