4 Part 4 of 8 Debits Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances Accounts Credits Cash $13,000 Accounts Receivable 6,600 Supplies 2,600 Equipment 17,000 Accumulated Depreciation $ 5,800 Salaries Payable 8,300 Common Stock 18,000 Retained Earnings 7.100 Totals $39,200 $39,200 oints eBook Ask Print The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $46,000, of which $19,600 is on account. 2. May 2 Collect on accounts receivable, $16,600. 3. June 30 Issue shares of common stock in exchange for $4,000 cash. 4. August 1 Pay salaries of $8,300 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,600. 6. October 19 Purchase equipment for $6,600 cash. 7. December 30 Pay $1,200 cash dividends to stockholders. 7. Prepare an adjusted trial balance. Required information 8 RED STORM CLEANERS Adjusted Trial Balance December 31, 2021 Debit Accounts Credit Cash + Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Repairs and Maintenance Expense Depreciation Expense Supplies Expense Totals $ 0 $ 0