0. Suid in diam systerns wor Dos, oun. Hil sdies wert on accuunh. 9. Record the cost of goods sold related to the sale from Event 8 using the FIFO method. 10. Paid the balance of the accounts payable. 11. Pacilio began accepting credit cards for some of its monitoring service sales. The credit card company charges a fee of 4 percent. Total monitoring services for the year were $68,000. Pacilio accepted credit cards for $24,000 of this amount. The other $44,000 was sales on account. 12. On July 1, Year 7, Pacilio replenished the perty cash fund. The fund contained $21 of currency and receipts of $50 for yard mowing. $22 for office supplies expense, and $9 for miscellaneous expenses. 13. Collected the amount due from the credit card company. 14. Paid installers and other employees a total of $45,000 cash for salaries. 15. Collected $116,800 of accounts recelvable during the year. 16. Paid $9,500 of advertising expense during the year. 17. Paid $5,200 of utilities expense for the year. 18. Paid a dividend of $20,000 to the shareholders. Adjustments 19. There was $250 of supplies on hand at the end of the year. 20. Recognized the expired rent for both the van and the office for the year. 21. Recognized the uncollectible accounts expense for the year using the allowance method. 22. Accrued salaries at December 31, Year 7, were $2,100. Prepare the statement of changes in stockholders' equity for the year ended December 31, Year 7. You will need to determine and enter the accounts and balances to prepare the Statement of Changes in Stockholders' Equity. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. The trial balance of Pacilio Security Services, Incorporated as of January 1, Year 7, had the following normal balances: During Year 7. Pacllio Security Services experienced the following transactions: 1. Paid the salaries payable from Year 6. 1. Paid the salaries payable from Year 6 . 2. Paid $4,800 on Morch 1, Year 7 , for one year's lease in advance on the company van. 3. Paid \$8,400 on May 2, Year 7, for one year's office rent in advance. 4. Purchased $550 of supplies on account. 5. Paid cash to purchase 105 alarm systems at a cost of \$285 each 6. Pachio has noticed its accounts receivable balance is growing more than desired and some collection problems exist. it appears that uncoliectible accounts expense is approximately 3 percent of total credit sales. Pacilo has decided it wall, starting this year. adopt the aliowance method of accounting for uncollectiole occounts. It will record an adjusting entry to recognize the estimate at the end of the year. 7. in trying to collect several of its delinquent accounts, Pacisio has learned that these customers have either declared bankruptcy or moved and left no forwarding address. These uncollectible accounts amount to $1,900. 8. Sold 110 alarm systems for $63,800. All sales were on account. 9. Record the cost of goods sold related to the sale from Event 8 using the FIFO method 10. Paid the batance of the accounts payable. 11. Pacilio began accepting credit cards for some of its monitoring service sales. The credit card company charges a fee of 4 percent. Total monitoring services for the year were $68,000. Pacilio accepted credit cards for $24,000 of this amount. The other $44,000 was sales on account. 12. On July 1, Year 7, Pacilio replenished the petty cash fund. The fund contained $21 of currency and receipts of $50 for yard mowing. $22 for otfice supplios expense, and $9 for miscellaneous expenses. 13. Collected the amount due from the credit card company. 14. Paid installers and other emolovees a total of $45,000 cash for salaries. 19. There was $250 of supplies on hand at the end of the year. 20. Recognized the expired rent for both the van and the office for the year. 21. Recognized the uncollectible accounts expense for the year using the allowance method. 22. Accrued salaries at December 31 , Year 7 , were $2,100. Prepare the statement of changes in stockholders' equity for the year ended December 31, Year 7. You will need to determine and enter the accounts and balances to prepare the Statement of Changes in Stockholders' Equity. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection