Accounts Cash Accounts Receivable Debits Credits $43,500 27,700 Land 112,800 Accounts Payable $15,500 Notes Payable (due in 2 years) 32,000 Common Stock 102,000 Retained Earnings 34,500 Totals $184,000 $184,000 The following is a summary of the transactions for the year: 1. January 12 2. February 25 3. March 19 4. April 30 5. June 16 6. July 7 7. September 30 8. November 22 9. December 30. Provide services to customers on account, $64,400. Provide services to customers for cash, $76,300. Collect on accounts receivable, $45,900. Issue shares of common stock in exchange for $32,000 cash. Purchase supplies on account, $12,500. Pay on accounts payable, $11,500. Pay salaries for employee work in the current year, $66,200. Pay advertising for the current year, $22,700. Pay $3,100 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,700 and will be paid January 1, 2025. Accrued salaries at year-end amounted to $1,700 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the year equal $2,500.