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B Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Credit Debita $19,500 9.900 3.900 14,500
B Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Credit Debita $19,500 9.900 3.900 14,500 Sk Accounta Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salarios Payable Common Stock Hetained Earnings Totals $4,800 6.800 24,500 200 545,000 545,800 The following is a summary of the transactions for the year 1. March 12. Provide services to custoners, $59,000, of which $20,900 is on account. 2. May 2 collect on accounts receivable, $17,900. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August I Pay salaries of $6,800 fron 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses. $12.900. 6. October 19 Purchase equipment for $7,900 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. 2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, select "No journal entry required in the first account field.) 3 Required information 3.33 points View transaction list Journal entry worksheet Book
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