\begin{tabular}{|l|r|r|} \hline \multicolumn{3}{|c|}{ Supplies Expense } \\ \hline \multicolumn{1}{|c|}{ Debit } & \multicolumn{2}{|c|}{ Credit } \\ \hline Beginning Balance & & \\ \hline & & \\ \hline & & \\ \hline Ending Balance & 0 & 0 \\ \hline \end{tabular} b. Post the transactions to T-accounts and calculate the account balances. c. Prepare a trial balance. Required a. Record the preceding transactions in the general journal, in the given order. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 4567815> Established the business when it acquired $49,000 cash from the issue of common stock. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1: January 30 Established the business when it acquired $49,000 cash from the issue of common stock. February 1 Paid rent for office space for two years, $36,000 cash. April 10 Purchased $890 of supplies on account. July 1 Received $25,000 cash in advance for services to be provided over the next year. July 20 Paid $668 of the accounts payable from April 10. August 15 Billed a customer $9,100 for services provided during August. September 15 completed a job and received \$2,900 cash for services rendered. October 1 Paid employee salaries of $35,000 cash. October 15 Received $8,000 cash from accounts receivable. November 16 Billed customers $33,500 for services rendered on account. December 1 Paid a dividend of $1,100 cash to the stockholders. December 31 Adjusted records to recognize the services provided on the contract of July 1. December 31 Recorded $2,200 of accrued salaries as of December 31 . December 31 Recorded the rent expense for the year. (See February 1.) December 31 Physically counted supplies; $70 was on hand at the end of the period. f. Prepare a post-closing trial balance for Year 1. e. Record the entries to close the Year 1 temporary accounts to Retained Earnings in the general journal and post to the T-accounts. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Note: Enter debits before credits