ine generai ieoger of Green Stream Cleaners at January 1, 2024, includes the following account oaiances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Debits Credits $11,000 6,200 2,200 19,000 $6,600 9,100 16,000 08:21 Retained Earnings 6,700 Totals $38,400 $38,400 ok The following is a summary of the transactions for the year: 1. March 12 inces 2. May 21 3. June 30 4. August 1 5. September 25 6. October 19 7. December 30 Provide services to customers, $42,000, of which $19,200 is on account. Collect on accounts receivable, $16,200. Issue shares of common stock in exchange for $5,000 cash. Pay salaries of $9,100 from 2023 (prior year). Pay repairs and maintenance expenses, $11,200. Purchase equipment for $6,200 cash. Pay $1,000 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $19,500. Depreciation for the year on the equipment is $3,200. Office supplies remaining on hand at the end of the year equal $1,200. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 to 7). Review the 'General Ledger and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal' tab (these are shown as items 8 to 10). 3. Review the adjusted Trial Balance' as of December 31, 2024. 4. Prepare an income statement for the period ended December 31, 2024, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of December 31, 2024 in the 'Balance Sheet" tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 11 to 13). < Prev 7 of 8 Next > Help Save & Exit Su Check my ww