Required information (The following information appliles to the questions displayed below] 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 $27000 of services and received cash 4. Collected $63,000 cash from accounts receivable 5 Paid $20,000 of salaries expense for the year 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 8 p of the ending accounts receivable balance will be uncollectible Year 2: 1. Wrote off an uncollectible account for $660 2. Provided $110,000 of services on account 3. Provided $25,000 of services and collected cash. 4. Collected $92,000 cash from accounts receivable 5 Paid $24,000 of salaries expense for the year 6 Adjusted the accounts to reflect uncollectible accounts expense for the year Leach ending accounts receivable balance will be uncollectible Required Organize the transaction data in accounts under an accountipg equation (Enter on