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[The following information applies to the questions displayed belowj Leach Inc. experienced the following events for the first two years of its operations: 2016: 1. Issued $18,000 of common stock for cash. 2. Provided $86,800 of services on account 3. Provided $44,000 of services and received cash. 4. Collected $77,000 cash from accounts recelvable. 5. Paid $46,000 of salaries expense for the year 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 6 percent of the ending accounts recelvable balance will be uncoliectible 2017: 1. Wrote off an uncollectible account for $750 2. Provided $96,000 of services on account. 3. Provided $40,000 of services and collected cash. 4. Collected $89,000 cash from accounts recelvable 5. Paid $73,000 of salarles expense for the year 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 6 percent of the ending accounts receivable balance wil be uncollectible. value: 16.66 points Required a. Record the 2016 events in general journal form and post them to T-accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first acoount field,) View transaction list Journal entry worksheet 2 Record entry for issuance of common stock