Leach Inc. experienced the following events for the first two years of its operations 2016: 1. Issued $24,000 of common stock for cash. 2. Provided $93,400 of services on account. 3. Provided $50,000 of services and received cash. 4. Collected $83,000 cash from accounts receivable 5. Paid $52,000 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 receivable balance will be uncollectible. 2017 1. Wrote off an uncollectible account for $850. 2. Provided $102,000 of services on account. 3. Provided $46,000 of services and collected cash. 4. Collected $95,000 cash from accounts receivable. 5. Paid $79,000 of salaries 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 will be uncollectible. value 2.00 points Required a. Record the 2016 events in general jounal form and post them to T-accounts. (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 entry for issuance of common stock