Year 1: Part 4 of 4 1. Issued $18,000 of common stock for cash. 2. Provlded $86,800 of services on account. 3. Provided $44,000 of services and received cash. 4. Collected $77,000 cash from accounts receivable 5. Paid $46,000 of salaries expense for the year 6. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 6 percent 9.09 points of the ending accounts receivable balance will be uncollectible. 7. Closed the revenue account. eBook 8. Closed the expense account. Year 2: 1. Wrote off an uncollectible account for $750. 2. Provlded $96,000 of services on account. 3. Provided $40,000 of services and collected cash. 4. Collected $89,000 cash from accounts receivable 5. Paid $73,000 of salaries expense for the year 6. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 6 percent of the ending accounts receivable balance will be uncollectible