**I have everything correct but the system says I am missing something. What component am I missing?

The general ledger of the Karlin Company, a consulting company, at January 1, 2021, contained the following account balances:

Account Title	Debits		Credits
Cash	28,100
Accounts receivable	19,000
Equipment	33,000
Accumulated depreciation			9,900
Salaries payable			10,500
Common stock			50,000
Retained earnings			9,700
Total	80,100		80,100

The following is a summary of the transactions for the year:

1. Service revenue, $138,000, of which $41,400 was on account and the balance was received in cash.
2. Collected on accounts receivable, $27,400.
3. Issued shares of common stock in exchange for $17,000 in cash.
4. Paid salaries, $50,500 (of which $10,500 was for salaries payable at the end of the prior year).
5. Paid miscellaneous expense for various items, $27,200.
6. Purchased equipment for $19,500 in cash.
7. Paid $3,350 in cash dividends to shareholders.

1. Accrued salaries at year-end amounted to $1,010.
2. Depreciation for the year on the equipment is $3,300.

Required:

2., 5, & 8. Prepare the summary, adjusting and closing entries for each of the transactions listed. 3. Post the transactions, adjusting and closing entries into the appropriate t-accounts. 4. Prepare an unadjusted trial balance. 6. Prepare an adjusted trial balance. 7-a. Prepare an income statement for 2021. 7-b. Prepare a balance sheet as of December 31, 2021. 9. Prepare a post-closing trial balance.

2.,5.,& 8.: Prepare the summary, adjusting and closing entries for each of the transactions listed.

3: Post the transactions, adjusting and closing entries into the appropriate t-accounts.

4: Prepare an unadjusted trial balance.

6: Prepare an adjusted trial balance.

7a: Prepare an income statement for 2021.

7b: Prepare a balance sheet as of December 31, 2021. **NOTE THAT THE DROP DOWN MENU DOES NOT CONTAIN THE TITLE "NON-CURRENT ASSETS" or "TOTAL NON-CURRENT ASSETS"**

8: Prepare a post-closing trial balance

No Transaction General Journal Debit Credit Cash Accounts receivable Service revenue 96,600 41,400 138,000 27,400 Cash Accounts receivable 27,400 Cash 17,000 Common stock 17,000 Salaries expense Salaries payable Cash 40.000 10.500 50,500 27,200 Miscellaneous expense Cash 27,200 19,500 Equipment Cash 19.500 ooooooooooooooooooooooooo 3,350 Dividends Cash 3,350 h. 1,010 Salaries expense Salaries payable 1.010 3.300 Depreciation expense Accumulated depreciation 3,300 138,000 Service revenue Retained earnings 138,000 71,510 Retained earnings Salaries expense Miscellaneous expense 41,010 27,200 3.300 Depreciation expense 3,350 Retained earnings Dividends 3,350 Beg bal. Beg. bal Accounts Receivable 19.000 41,400 27.400 b. Cash 28.100 90,600 50.500d 27,400 27.200 17.000 19.500 3.350g 68,550 End bal. Endbal 33,000 Beg bal. Equipment 33.000 10,500 Beg. bal Accumulated Depreciation 0.000 3,300 Adjusting End. bal. 52,500 End. bal. 13.200 Beg. bal. Beg bal. d. Salaries Payable 10,500 10.500 1,010 Common Stock 50,000 17.000 Adjusting End. bal. 1.010 67,000 Dividends Beg. bal. Bea, bal g. 3,350 3,350 Closing Retained Earnings 9,700 138,000C losing 71,510 3,350 72.840 Closing Closing End. bal. End. bal. Miscellaneous expense Beg. bal. Beg bal Service Revenue 0 138.000 138.000 e 27.200 27.200 Closing Closing End, bal Salaries Expense Depreciation Expense Beg balo Adjusting 3,300 3.300 Closing Bea bal d. Adjusting 41,010 Closing 40.000 1.010 End. bal Credits $ 9,900 KARLIN COMPANY Unadjusted Trial Balance Account Title Debits Cash $ 68,550 Accounts receivable 33,000 Equipment 52,500 Accumulated depreciation Salaries payable Common stock Retained earnings Dividends 3,350 Service revenue Salaries expense 40.000 Miscellaneous expenses 27,200 Totals $ 224,600 67,000 9,700 138,000 $ 224,600 Credits KARLIN COMPANY Adjusted Trial Balance Account Title Debits Cash $ 68,550 Accounts receivable 33,000 Equipment 52,500 Accumulated depreciation Salaries payable Common stock Retained earnings Dividends 3,350 Service revenue Salaries expense 41,010 Miscellaneous expenses 27,200 Depreciation expense 3,300 Totals $ 228,910 13,200 1,010 67,000 9,700 138,000 $ 228,910 138,000 KARLIN COMPANY Income Statement For the Year Ended December 31, 2021 Service revenue $ Operating expenses Salaries expense 41,010 Miscellaneous expense 27,200 Depreciation expense 3,300 Total operating expenses Net income 71,510 66,490 $ Balance Sheet December 31, 2021 Assets Current assets Cash $ 68,550 33,000 Accounts receivable Total current assets 101,550 $ Equipment Accumulated depreciation 52,500 (13,200) 140,850 $ Total assets Liabilities and Shareholders' Equity Current liabilities Salaries payable Total current liabilities Shareholders' equity Common stock $ 67,000 Retained earnings 72,840 1,010 1,010 Total shareholders' equity Total liabilities and shareholders' equity 139,840 140,850 $ Credits KARLIN COMPANY Post-Closing Trial Balance Account Title Debits Cash $ 68,550 Accounts receivable 33,000 Equipment 52,500 Accumulated depreciation Salaries payable Common stock Retained earnings Service revenue $ 13,200 1,010 67,000 72,840 Salaries expense Miscellaneous expenses Depreciation expense Totals $ 154,050 $ 154,050