11 Required information Part 5 of 6 Problem 3-32A Comprehensive problem: single cycle LO 3-1, 3-2, 3-3, 3-4 (The following information applies to the questions displayed below.] 1.67 points The following transactions pertain to Smith Training Company for Year 1: 02:05:38 eBook Jan. 30 Established the business when it acquired $46,000 cash from the issue of common stock. Feb. 1 Paid rent for office space for two years, $15,400 cash. Apr. 10 Purchased $720 of supplies on account. July 1 Received $23,000 cash in advance for services to be provided over the next year. 20 Paid $540 of the accounts payable from April 10. Aug. 15 Billed a customer $9,100 for services provided during August. Sept. 15 Completed a job and received $3,400 cash for services rendered. Oct. 1 Paid employee salaries of $30,500 cash. 15 Received $7,800 cash from accounts receivable. Nov. 16 Billed customers $30,500 for services rendered on account. Dec. 1 Paid a dividend of $700 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,500 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $70 was on hand at the end of the period. Print rences Problem 3-32A Parte e. Record the entries to close the Year 1 temporary accounts to Retained Earnings in the general journal and post to the T-accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to the nearest whole dollar amount.) Cash Accounts Receivable Beg. Bal. End. Bal. Beg. Bal. End. Bal. Prepaid Rent Supplies Beg. Bal. End. Bal. Beg. Bal. End. Bal. Accounts Payable Unearned Revenue Beg. Bal. 0 0 Beg. Bal. End. Bal. End. Bal. Common Stock Salaries Payable Beg. Bal. End. Bal. Beg. Bal. End. Bal. Dividends Retained Earnings 0 Beg. Bal. Beg. Bal. CI CI CI CI End. Bal. End. Bal. Salaries Expense Service Revenue 01 Beg. Bal. Beg. Bal. CI End. Bal. CI End. Bal. Rent Expense Supplies Expense Beg. Bal. Beg. Bal. CI CI End. Bal. End. Bal