The following information applies to the questions displayed below.) The following transactions apply to Jova Company for Year 1, the first year of operation: 1. Issued $21,000 of common stock for cash. 2. Recognized $221,000 of service revenue earned on account. 3. Collected $174,100 from accounts receivable. 4. Paid $136,000 cash for operating expenses. 5. Adjusted the accounts to recognize uncollectible accounts expense. Jova uses the allowance method of accounting for uncollectible accounts and estimates that uncollectible accounts expense will be 2 percent of sales on account. Complete the following requirements for Year 1. a. Record the Year 1 transactions in general Journal form. (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 | B C D E Record entry for issuance of common stock. Note: Enter debits before credits. Debit Credit Event General Journal