on.c t.html Chapter 7 Homework Required information The following information applies to the questions displayed below. Part 1 of 3 Holmes Cleaning Service began operation on January 1, Year 1. The company experlenced the following events for its first year of operations 10 Events Affecting Year 1: 1. Provided $180,000 of cleaning services on account. 2. 3. Paid salaries of $40,000 for the year. 4. Adjusted the accounts to reflect management's expe ed $135,000 cash from accounts receivable. that uncollectible accounts expense would be $2.200 The expense was determined using the percent of revenue method. Required a. Prepare general journa entries for the above events. (If no entry is required for a transaction/event, select "No journal entry required" in the first account fleld.) Journal entry worksheet Prev 1 2 3 of 7 Next > OCT