1. Established the business when it acquired $53,000 cash from the issue of common stock.

2. Paid rent for office space for two years, $33,000 cash.

3, Purchased $760 of supplies on account.

4, Received $23,000 cash in advance for services to be provided over the next year.

5. Paid $570 of the accounts payable from April 10.

6. Billed a customer $10,200 for services provided during August.

7. Completed a job and received $3,200 cash for services rendered.

8. Paid employee salaries of $34,000 cash.

9. Received $8,600 cash from accounts receivable.

10, Billed customers $31,500 for services rendered on account.

11. Paid a dividend of $1,100 cash to the stockholders.

12. Adjusted records to recognize the services provided on the contract of July 1.

13. Recorded $2,100 of accrued salaries as of December 31.

14. Recorded the rent expense for the year. (See February 1.)

15. Physically counted supplies; $90 was on hand at the end of the period.

The following transactlons pertain to Smith Training Company for Year 1 : January 36 Established the business when it acquired $53,600 cash from the issue of common stock. February 1 Paid rent for office space for two years, $33, e0e cash. April 16 Purchased $766 of supplies on account. July 1 Received $23, 100 cash in advance for services to be provided over the next year. July 20 Paid $570 of the accourts payable from April 10. August 15 Billed a custoner $19,269 for services provided during August. September 15 Completed a job and received $3,290 cash for services rendered. October 1 Paid employee salaries of $34,00 cash. October 15 Received $8,60 cash from accounts recelvable. Noveriber 16 Billed customers $31,500 for services rendered on account. December 1 Paid a dividend of $1,169 cash to the stockholders. December 31 Adjusted records to recognize the services provided on the contract of July 1. December 31 Recorded $2,100 of accrued salaries as of December 31 . December 31 Recorded the rent expense for the year. (See February 1.) December 31 Physically counted supplies; $90 was on hand at the end of the period. quired Record the preceding transactions in the general journal, In the glven order. te: If no entry is required for a transaction/event, select "No journal entry required" in the first account field