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this is more than a 4 part question that i am stuck on. can you answer at least 1-4 Leacn inc. experienced the Tollowing events

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this is more than a 4 part question that i am stuck on. can you answer at least 1-4
Leacn inc. experienced the Tollowing events for the Tirst two years of its operations: Year 1: 1. Issued $10,000 of common stock for cash. 2. Provided $80,000 of services on account. 3. Provided $33,000 of services and received cash. 4. Collected $47.000 cash from accounts receivable, 5. Paid $14,000 of salaries expense for the year. 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 7 percent of the ending accounts receivable balance will be uncollectible, Year 2: 22 1. Wrote off an uncollectible account for $690. 2. Provided $100,000 of services on account, 3. Provided $20,000 of services and collected cash. 4. Collected $82,000 cash from accounts receivable. 5. Paid $22,000 of salaries expense for the year. 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 7 percent of the ending accounts receivable balance will be uncollectible. Required a. Organize the transaction data in accounts under an accounting equation b. Prepare the income statement, statement of changes in stockholders' equity. balance sheet and statement of cash flows for Year 1. Reg A Reg B Inc Stmt Reg B Stmt of Changes Reg B Bal Reg B Stmt Cash Flows Regc Sheet Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank. Not all cells will require entry) LEACH INC. Accounting Equation for the Year 1 Assets Equity Event Accounting Titles for Retained Liabilities NRV Accounts Cash Common Retained Earnings Receivable Stock Earnings 1 2 Show All items 3 4. 5 6 Other operating expenses Salaries expense Service revenue Uncollectible accounts expense Reymour Bal 0 0 + Required information Reg A Reg B Inc Stmt Reg B Stmt of Changes Reg B Bal Sheet Req B Stmt Cash Flows Regc Prepare the statement of changes in stockholders' equity for Year 1. LEACH INC. Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock 0 $ Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity 0 0 $ Req B Inc Stmt Req A Reg B Stmt of Changes Reg B Bal Sheet Reg B Stmt Cash Flows Reg C Prepare the balance sheet for Year 1. LEACH INC. Balance Sheet As of December 31, Year 1 Assets 0 $ 0 Total assets Liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity olo $ Prepare the statement of cash flows for Year 1. (Cash outflows should be indicated with a minus sign.) LEACH INC Statement of Cash Flows For the Year Ended December 31, Year 1 Cash flows from operating activities s 0 23 Net cash flow from operating activities Cash flows from investing activities Cash flows from financing activities $ 0 Net cash flow from financing activities Net change in cash 0 $ 0 Ending cash balance Req A Reg B Inc Stmt Req B Stmt of Changes Req B Bal Sheet Reg B Stmt Cash Flows Reqc What is the net realizable value of the accounts receivable at December 31, Year 1? Net realizable value

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