Account Title Cash Accounts receivable Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Total KARLIN COMPANY General Ledger January 1, 2018 Debits Credits 30,000 15,000 20,000 6,000 9,000 40,500 9,500 65,000 65,000 Additional information: (a) Sales of services Sales of services on credit (b) A/R collected 555 100,000 30,000 27,300 (c) Shares issued for cash S 10,000 (d) Salaries paid S 50,000 Amount for salaries payable S 9,000 (e) Paid miscellaneous expenses S 24,000 (f) Purchased equipment (g) Cash dividends paid SS S 15,000 2,500 Year-end accrued salaries Depreciation on equipment SS 1,000 S 2,000