The trial balance of Safety Cleaners and Dyers at February 28, 1979, is shown below. The books have not been closed since December 31, 1978.

A summary of the transactions for the month of March 1979 is as follows:
(1) Sales: For cash, \(\$ 24,000\); on account, \(\$ 15,800\).
(2) Collections on account, \(\$ 20,000\).

(3) Purchases of outside work (cleaning done by wholesale cleaners), \(\$ 1,800\), on account.
(4) Purchases of supplies, on account, \(\$ 3,800\).
(5) Payments on account, \(\$ 5,000\).
(6) March rent paid, \(\$ 1,000\).
(7) Supplies used (for the quarter), \(\$ 6,340\).
(8) Depreciation (for the quarter), \(\$ 3,420\)
(9) March salaries and wages of \(\$ 21,120\) are paid.
(10) Bills received but not recorded or paid by the end of the month: advertising, \(\$ 400\); power, gas, and water, \(\$ 580\).
(11) Insurance expired (for the quarter), \(\$ 600\).
a Open T-accounts and enter the trial balance amounts.
b Record the transactions for the month of March in the T-accounts, opening additional T-accounts as needed. Cross-number the entries.
c Enter closing entries in the T-accounts using an Income Summary account.
d Prepare an adjusted, preclosing trial balance at March 31, 1979, an income statement for the 3 months ending March 31, 1979, and a balance sheet as of March 31, 1979.

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Cash Accounts Receivable Supplies Inventory Prepaid Insurance Equipment Accumulated Depreciation Accounts Payable. P. O. Grey, Capital Sales... Salaries and Wages Expense Cost of Outside Work Advertising Expense. Rent Expense. Power, Gas, and Water Expense Supplies Used.. Depreciation Expense Miscellaneous Expense $ 3,560 15,200 4,800 1,040 65,000 $ 10,600 6,980 60,000 46,060 26,600 2,040 900 1,200 880 2,420 $123,640 $123,640