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Leach Incorporated experienced the following events for the first two years of its operations.

Year 1:

Issued $30,000 of common stock for cash.

Provided $100,000 of services on account.

Provided $56,000 of services and received cash.

Collected $89,000 cash from accounts receivable.

Paid $58,000 of salaries expense for the year.

Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 4 percent of the ending accounts receivable balance will be uncollectible.

Closed the revenue account.

Closed the expense accounts.

Year 2:

Wrote off an uncollectible account for $1,650.

Provided $108,000 of services on account.

Provided $52,000 of services and collected cash.

Collected $101,000 cash from accounts receivable.

Paid $85,000 of salaries expense for the year.

Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 4 percent of the ending accounts receivable balance will be uncollectible.

Closed the revenue account.

Closed the expense accounts.

Required

a. Record the Year 1 events in general journal form and post them to T-accounts.