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please help if you can thank you Leach Inc. experienced the following events for the first two years of its operations: Year 1: 1. Issued

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Leach Inc. experienced the following events for the first two years of its operations: Year 1: 1. Issued $10,000 of common stock for cash. 2. Provided $90,000 of services on account 3. Provided $29,000 of services and received cash. 4. Collected $61,000 cash from accounts receivable. 5. Paid $22,000 of salaries expense for the year. 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 8 percent of the ending accounts receivable balance will be uncollectible. Year 2: 1 Wrote off an uncollectible account for $730. 2. Provided $110,000 of services on account. 3. Provided $30,000 of services and collected cash. 4. Collected $92,000 cash from accounts receivable 5. Paid $30,000 of salaries expense for the year. 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 8 percent of the ending accounts receivable balance will be uncollectible. d-1. Organize the transaction data in accounts under an accounting equation, d-2. Prepare an income statement for Year 2 d-3. Prepare the statement of changes in stockholders' equity for Year 2. d-4. Prepare the balance sheet for Year 2 d-5. Prepare the statement of cash flows for Year 2 d-6. What is the net realizable value of the accounts receivable at December 31, Year 2? % Answer is not complete. Complete this question by entering your answers in the tabs below. Reg D1 Req D2 Reg D3 Reg D4 Reg D5 Reg D6 Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. If the on the Accounts Titles for Retained Earnings, leave the cell blank. Round your answers to the nearest whole dollar.) LEACH INC. Accounting Equation for the Year 2 Equity Liabilities + Common Stock 0+ 10,000+ Event Retained Eamings Accounting Titles for Retained Eamings 101,550 X Bal 1. 2 Assets NRV Cash Accounts Receivable 84,000 27,550 X = 0 = O 110,000 20,000 & 0 92.000 (92,000) (30,000) 0 = 0 0 0 % 166,000 45,550 O@@ 3 0 + OOOO 4 5 0 . 0+ 0 0 0 0 0 OOOO 110,000 Service revenue 20,000 & Service revenue 0 (30,000) Salaries expense 0 X Uncollectible accounts expense OOOO + 6 0 10,000 Bal 0 201,550 Complete this question by entering your answers in the tab Req 01 Req D2 Reg D3 Reg D4 Reg D5 Prepare an income statement for Year 2. (Round your intermediate LEACH INC. income Statement For the Year Ended December 31, Year 2 $ 130,000 > Service revenue Operating expenses Salaries expense Os 30,000 0 % Uncollectible accounts expense Total operating expenses Net income 30.000 S 97.686 X Reg D1 Reg D2 Reg D3 Reg D4 Reg D5 Reg D6 Prepare the balance sheet for Year 2. (Round your intermediate calculations and final answers to the nearest whole dollar.) LEACHINO! Balance Sheet As of December 8 Year 2 Assets 0 IS 0 Total assets Liabilities Stockholders equity Total stockholders' equity Total liabilities and stockholders' equity 0 0 IS Prepare the statement of cash flows for Year 2. (Round your intermediate calculations and final answers to the near dollar. Cash outflows should be indicated with a minus sign.) LEACH INC. Statement of Cash Flows For the Year Ended December 31, Year 2 Cash flows from operating activities $ 0 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities Net change in cash 0 Ending cash balance 0 Answer is not complete. Complete this question by entering your answers in the tabs below. Reg Di Req D2 Reg D3 Reg D4 Reg DS Req D6 What is the net realizable value of the accounts receivable at December 31, Year 22 (Round your intermediate calculations and final answer to the nearest whole dollar.) Net realizable value

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