3-1, 3-2, 3-3 + Exercise 3-218 Recording events in the general journal, posting to T-accounts, and preparing a trial balance The following events apply to Perry Carpet Cleaners in 2016, its furst year of operations

: 1. Received $45,000 cash from the issue of common stock.

2. Earned $37,500 of service revenue on account.

3. Incurred $15,000 of operating expenses on account.

4. Received $30,000 cash for performing services.

5. Paid $12,000 cash to purchase land. -:

6. Collected $33,000 of cash from accounts receivable.

7. Received a $9,000 cash advance for services to be provided in the future.

8. Purchased $1,350 of supplies on account.

9. Made an $11,250 payment on accounts payable.

10. Paid a $7,500 cash dividend to the stockholders,

11. Recognized $750 of supplies expense.

12. Recognized $7,500 of revenue (of segyices provided to the customer in Event 7.

13. Recognized 51,350 of eccrued Iterest pevenue. hequired