value 0.22 points E12-4 Part1 Required 1. Prepare the journal entries to record these transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the service revenue of $120 for cash and $30 on account. Note: Enter debits before credits. ansaction General Journal Debit Credit Record entry Clear entry View general journal 0 Type here to search bll d) 10. 022 points E12-4 Part 1 Required 1. Prepare the journal entries to record these transactions. (if no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the depreclation expense of $50. Note: Enter debits before credits. Record entry Clear entry View general journal O Type here to search Esc Dll value: 0.22 points E12-4 Part 2,3 and 4 2. Calculate the amount that should be reported as net cash flow from operating activities. 3. Calculate the amount that should be reported as net income. 4. Show how the indirect method would convert net income (requirement 3) to net cash flow from operating activities (requirement 2).(Amounts to be deducted should be indicated with a minus sign.) Net Income Depreciation Increase in Accounts Receivable Net Cash Flow from Operating Activities O Type here to search Esc Dll 40