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help please Required information [The following information applies to the questians displayod below] On January 1, 2024, Red Flash Photogrephy had the following balonces: Cash,
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Required information [The following information applies to the questians displayod below] On January 1, 2024, Red Flash Photogrephy had the following balonces: Cash, $25,000, Supplies, $9.300, Land, 573.000 ; Deforred Revenue, $6,300; Common Stock $63,000; and Retained Earnings, $38,000, During 2024, the company had the following transactions: 1. Yebruafy.15 Isave addiciosml whares of corman ntock, $13,008. 2. May 20 Provithe petvicet to cuatcotern for cash, g46,000, dnd ph acedunt, 143,066 . 3. Nugrust 31 Pay salartes te employent for voyk in 2024, 536,000 . 4. Detaber 1 Turchase retital space for one year, $25,000. 5. Hovenber 17 Purchase sope Iites on aceeunt, 635,000. fi. Deceaber 30 , Pay divideods, 53,369 , The following information is available on December 31, 2024: 1. Employees are owed an additional $5.300 in salaties. 2. Three months of the rental space have expired. 3. Supplies of $6,300 remain on hand, All other supplies have been used 4. All of the services associated with the beginning deferted revenue have been performed. 3. Prepore an adjusted trial balance. 13 (1) Required information Part 3 of 5 Step by Step Solution
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