$ 6,800 4,800 5,800 Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals 20, 9,200 $46,600 $46.600 The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services for cash, $17,000, and on account, $62,000. 2. March 13 Collect on accounts receivable, $50,000 3. May 6 Issue shares of common stock in exchange for $11,000 cash. 4. June 30 Pay salaries for the current year, 532,400 5. September 15 Pay utilities of $5,800 from 2020 (prior year) 6. November 24 Receive cash in advance from customers, $8,800 7. December 30 Pay $2,400 cash dividends to stockholders. The following information is available for the adjusting entries, Depreciation for the year on the machinery is $6,800. Plumbing supplies remaining on hand at the end of the year equal $1,100. Of the $8,800 paid in advance by customers. $6,400 of the work has been completed by the end of the year. Accrued utilities at year end amounted to $6,600. $ 6,800 4,800 5,800 Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Totals 20, 9,200 $46,600 $46.600 The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services for cash, $17,000, and on account, $62,000. 2. March 13 Collect on accounts receivable, $50,000 3. May 6 Issue shares of common stock in exchange for $11,000 cash. 4. June 30 Pay salaries for the current year, 532,400 5. September 15 Pay utilities of $5,800 from 2020 (prior year) 6. November 24 Receive cash in advance from customers, $8,800 7. December 30 Pay $2,400 cash dividends to stockholders. The following information is available for the adjusting entries, Depreciation for the year on the machinery is $6,800. Plumbing supplies remaining on hand at the end of the year equal $1,100. Of the $8,800 paid in advance by customers. $6,400 of the work has been completed by the end of the year. Accrued utilities at year end amounted to $6,600