1. Enter the unadjusted balances from the trial balance and post the adjusting entries to the T-accounts, and post the closing entries to the T-accounts.

2. Record each of the summary transactions listed above.

3. Prepare an unadjusted trial balance.

4. Record adjusting entries.

5. Prepare an adjusted trial balance.

6. Prepare the income statement for the year ended December 31, 2018.

7. Prepare the classified balance sheet for the year ended December 31, 2018.

8. Record closing entries.

9. Prepare a post-closing trial balance.

The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances: Debits $10,500 6,100 2,100 19,500 Credits Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings $6,800 9,300 15,500 6,600 Totals $38,200 $38,200 The following is a summary of the transactions for the year: a. March 12 Provide services to customers, $41,000, of which $19,100 is on account. b. May 2 Collect on accounts receivable, $16,100. c. June 30 Issue shares of common stock in exchange for $6,000 cash. d. August 1 Pay salaries, $24,100 (of which $9,300 is for salaries payable in 2017). e. September 25 Pay repairs and maintenance expenses, $11,100. f. October 19 Purchase equipment for $6,100 cash. g. December 30 Pay $1,100 cash dividends to stockholders. h. Accrued salaries at year-end amounted to $1,100. Depreciation for the year on the equipment is $3,100. Office supplies remaining on hand at the end of the year equal $1,000