7 Part 78 12.5 po The general ledger of Red Storm Cleaners at January 1, 2021, includes the folowing account balances Accounts Cash Accounts Receivable Supplies Equipment Acculated Depreciation Salaries Payable Common Stock Retained Earnings Debits Credit $16,500 3,100 13,600 5,600 7,990 Totale The following is a summary of the transactions for the year 1. March 1. May 3. June 4 August 12 Provide services to customers, $53,000, of which 120,300 is an account 2 Collect on accounts receivable, $17,30 30 Issue shares of common stock in exchange for $5,000 cash. 1 Pay salaries of $5,000 from 2020 (prior year), 5. September 25 Pay repairs and maintenance expenses, $12,300. 6. October 19 Purchase aquipment for $7,300 cash 7. December 3 Pay $1,000 cash dividends to stock Required: 1., 3., 6. & 10. Post the transactions, aqusting entries and closing entries to the T-accounts Be sure to include beginning balances