Enter the unadjusted balances from the trial balance and post the adjusting entries to the T-accounts, and post the closing entries to the T-accounts.

The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances: Accounts Debits Credits Cash $16,000 Accounts Receivable 7,200 Supplies 3,200 Equipment 11,000 Accumulated Depreciation $ 3,400 Salaries Payable 5,400 Common Stock 21,000 Retained Earnings 7,600 Totals $37,400 $37,400 The following is a summary ofthe transactions for the year: a. March 12 Provide services to customers, $52,000, ofwhich $20,200 is on account. b. May 2 Collect on accounts receivable, $17,200. c. June 30 Issue shares of common stock in exchange for $4,000 cash. d. August1 Pay salaries, $25,200 (of which $5,400 is for salaries payable in 2017}. e. September 25 Pay repairs and maintenance expenses, $12,200. f. October 19 Purchase equipment for $7,200 cash. g. December 30 Pay $1,200 cash dividends to stockholders. h. Accrued salaries at yearend amounted to $1,200. Depreciation for the year on the equipment is $4,200. Ofce supplies remaining on hand at the end ofthe year equal $1,100. Required: 1., 3. 6. 8. 10. Enter the unadjusted balances from the trial balance and post the adjusting entries to the Taccounts, and post the closing entries to the Taccounts