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Below is a chart of accounts, which lists the accounts and the titles to use in your project. Pacilio Security Services, Inc. Information for Year

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Below is a chart of accounts, which lists the accounts and the titles to use in your project. Pacilio Security Services, Inc. Information for Year 10 Accounting Period At the beginning of Year 10, Pacilio had the following balances. For Year 10, prepare the following items, from the Year 10 Worksheets: General Journal (Journal Entries for Events 1-16) General Ledger (t-accounts with balances through closing entries) Trial Balance Financial Statements: Income Statement Statement of Changes in Stockholder's Equity Balance Sheet Statement of Cash Flows Closing Entries Post-Closing Trial Balance During Year 10, Pacilio Security Services experienced the following transactions: 6 Paid installers and other employees a total of $40,000 for salaries for the year. \begin{tabular}{|cl|} \hline 7 & Paid the note payable from Year 9 on September 1 st, with interest. \\ \hline 8 & Collected $160,000 of accounts receivable during the year. \\ \hline 9 & Paid for the alarm systems after the discount period. \\ \hline 10 & Issued 100 shares of $10 par CS for $50 per share. \\ \hline 11 & Paid a dividend of $15,000 to the shareholders. \\ \hline \end{tabular} Adjustments at the end of Year 10: \begin{tabular}{cl} \hline Event \# & Description \\ \hline 12 & Recognizedtheexpiredrentfortheofficebuildingfortheyear.Recognizeduncollectibleaccountsexpensefortheyearusingtheallowancemethod.Pacilioestimatesthat2.5%ofsalesonaccountwillnotbecollected. \\ 13 & Recognizeddepreciationexpenseontheequipment.Theequipmenthasafive-yearlifeanda$2,000salvagevalue.Thecompanyusesstraight-linedepreciation. \\ 14 & Accrued salaries for work performed in December were $2,000. \\ 15 & The company had no office supplies on hand at the end of the period. \\ \hline 16 & \end{tabular}

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