(1) Required information The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1: 3en. 30 Established the business when it acquired 546 , eep cash fron the issue of conesn-stock. Feb. 1 Paid reat for office space for two years, $33, bee cash. Apr. 10 Purchased $828 of supplies on account. Juty 1 Peceived $21, ese cash in advance for services to be provided over the next year. 20 Paid $515 of the accounts payable fron April 10. Aug. 15 Bitled a customer 59,800 for services provided during August. sept. 15 Conpleted a job and received 53 , eed cash for services rendered. oct. 1 paid enployee salaries of 537,580 cash. 15 Received $8, Bbe cash tron accounts receivable. Nov. 16 bitled custoners $34,0e for services rendered on account. Dec. 1 Paid a dividend of 5806 cash to the stockholders. 31 Adjusted records to recogaize the services provided on the contract of july 1 . 31 Recorded $2,250 of accrued sataries as of Decenber 31 . 31 Recorded the rent expense for the year. (See February 1. ) 31 Physically counted supplies; 5120 was on hand at the end of the period. d. Prepare the income statement, statement of changes in stockhoiders' equity, balance sheet, and statement of cash fiows for Year 1. (Statement of Cash Flows only, enter any decreases to account balances and cash outflows with a minus sign.) Required information [The following information applies to the questions displayod below] The following transactions pertain to Smith Training Company for Yeat 1 Jah. 30 Estabushed the business "When it acquired $46,000 cash fron the 15suf of connon stock, Feb. 1 Paid rent for office ipace for two years, $33, eed cash. Apr. 10 Purchased sB20 of supplies on account. juty i fleceived $21, wee cass in advance for services to be provided over the next year. 20 paid $615 of the accounts poyabie fros Aprit 10. Alig. is Bitled a custoser $9, Bee for services provided during August. Sept.is cospleted a job and received $3,000cash for services rendered. oct. 1 paid enployec salaries of $37,500 cash. is Recelved 58,800 cash fros accounts receivabte. Nov. 16 bilied custeters $34,090 for services rendered on account. Dec, 1 haid a dividend of saed cash to the stockhotders. 31 Aajusted records to recognize the services provided on the contract of july 1. 31 Aecorded the rent expense for the year. (See February 1. 31 Firsically counted supplies: $120 was on hand at the end of the period. c. Prepare a trial balance '4. Bequired information d. Prepare the income statement, statement of changes in stockholder's' equily, balance sheet, and statement of cash flows for Year 1 (Statement of Cash Flows only, enter any decreases to account balances and cash outflows with a minus sign.) 31 Physically counted supplies; $120 was on hand at the end of the period. c. Prepare a trial balance. (1) Required information (1) Required information Part 4 of 6 15 points Print Pelerences Required information The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1 : Jan. 30 Established the business when it acquired \$46, eag cash froth the issue of comon stock. Feb,1 paid rent for office space for two years, $33,000 cash. Apr. 10 Purchased $820 of supplies on account. July 1 Received 521 , 0e cash in advance for services to be provided over the next year. 20 paid 5615 of the accounts paysble fron April 10. Aug. 15 billed a custoeer 59 , Bee for services provided during August. Sept. is conpleted a job and received $3,000 cash for services rendered. oct. I paid esployee salories of $37,500 cash. 15 Recelved $8, eed cash fron accounts receivable. Nov, 16 billed custoners $34, eae for services rendered on account. Dec. 1 paid a dividend of siee cash to the stockhotders. 31 Adjusted records to recognize the services peovided on the contract of Juty 1. 31 Recorded $2,250 of accrued sataries as of Decenber 31 . 31 Recorded the rent expense for the year. (5ee February 1.) 31 physicatly ceunted supplies: 5120 was on hand at the end of the period. b. Post the transactions to Traccounts and calculate the account balances. (1) Required information The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1: 3en. 30 Established the business when it acquired 546 , eep cash fron the issue of conesn-stock. Feb. 1 Paid reat for office space for two years, $33, bee cash. Apr. 10 Purchased $828 of supplies on account. Juty 1 Peceived $21, ese cash in advance for services to be provided over the next year. 20 Paid $515 of the accounts payable fron April 10. Aug. 15 Bitled a customer 59,800 for services provided during August. sept. 15 Conpleted a job and received 53 , eed cash for services rendered. oct. 1 paid enployee salaries of 537,580 cash. 15 Received $8, Bbe cash tron accounts receivable. Nov. 16 bitled custoners $34,0e for services rendered on account. Dec. 1 Paid a dividend of 5806 cash to the stockholders. 31 Adjusted records to recogaize the services provided on the contract of july 1 . 31 Recorded $2,250 of accrued sataries as of Decenber 31 . 31 Recorded the rent expense for the year. (See February 1. ) 31 Physically counted supplies; 5120 was on hand at the end of the period. d. Prepare the income statement, statement of changes in stockhoiders' equity, balance sheet, and statement of cash fiows for Year 1. (Statement of Cash Flows only, enter any decreases to account balances and cash outflows with a minus sign.) Required information [The following information applies to the questions displayod below] The following transactions pertain to Smith Training Company for Yeat 1 Jah. 30 Estabushed the business "When it acquired $46,000 cash fron the 15suf of connon stock, Feb. 1 Paid rent for office ipace for two years, $33, eed cash. Apr. 10 Purchased sB20 of supplies on account. juty i fleceived $21, wee cass in advance for services to be provided over the next year. 20 paid $615 of the accounts poyabie fros Aprit 10. Alig. is Bitled a custoser $9, Bee for services provided during August. Sept.is cospleted a job and received $3,000cash for services rendered. oct. 1 paid enployec salaries of $37,500 cash. is Recelved 58,800 cash fros accounts receivabte. Nov. 16 bilied custeters $34,090 for services rendered on account. Dec, 1 haid a dividend of saed cash to the stockhotders. 31 Aajusted records to recognize the services provided on the contract of july 1. 31 Aecorded the rent expense for the year. (See February 1. 31 Firsically counted supplies: $120 was on hand at the end of the period. c. Prepare a trial balance '4. Bequired information d. Prepare the income statement, statement of changes in stockholder's' equily, balance sheet, and statement of cash flows for Year 1 (Statement of Cash Flows only, enter any decreases to account balances and cash outflows with a minus sign.) 31 Physically counted supplies; $120 was on hand at the end of the period. c. Prepare a trial balance. (1) Required information (1) Required information Part 4 of 6 15 points Print Pelerences Required information The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1 : Jan. 30 Established the business when it acquired \$46, eag cash froth the issue of comon stock. Feb,1 paid rent for office space for two years, $33,000 cash. Apr. 10 Purchased $820 of supplies on account. July 1 Received 521 , 0e cash in advance for services to be provided over the next year. 20 paid 5615 of the accounts paysble fron April 10. Aug. 15 billed a custoeer 59 , Bee for services provided during August. Sept. is conpleted a job and received $3,000 cash for services rendered. oct. I paid esployee salories of $37,500 cash. 15 Recelved $8, eed cash fron accounts receivable. Nov, 16 billed custoners $34, eae for services rendered on account. Dec. 1 paid a dividend of siee cash to the stockhotders. 31 Adjusted records to recognize the services peovided on the contract of Juty 1. 31 Recorded $2,250 of accrued sataries as of Decenber 31 . 31 Recorded the rent expense for the year. (5ee February 1.) 31 physicatly ceunted supplies: 5120 was on hand at the end of the period. b. Post the transactions to Traccounts and calculate the account balances