just need help with the red boxes
Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Credits Debits $18,000 7,600 3,600 13,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals $ 4,200 6,200 23,000 8,800 $42,200 $ 42,200 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $ 56,000, of which $20,600 is on account. 2. May 2 Collect on accounts receivable, $17,600. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $6,200 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,600. 6. October 19 Purchase equipment for $7,600 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. NO Date General Journal Debit Credit 1 March 12 Accounts Receivable 20,600 Cash 35,400 Service Revenue 56,000 2 May 02 17,600 Cash Accounts Receivable 17,600 June 30 Cash 5,000 Common Stock 5,000 August 01 6,200 Salaries Payable Cash 6,200 September 25 12,600 Repairs and Maintenance Expense Cash 12,600 October 19 7,600 Equipment Cash 7,600 7 December 30 Dividends 1,000 Cash 1,000 Credit 4,200 RED STORM CLEANERS Unadjusted Trial Balance December 31, 2021 Accounts Debit Cash $ 29,200 X Accounts Receivable 10,600 Supplies 3,600 Equipment 20,600 Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends 1,000 Service Revenue Salaries Expense 19,400 X Repairs and Maintenance Expense 12,600 Depreciation Expense Supplies Expense Totals $ 97,000 28,000 8,800 56,000 $ 97,000 No Date General Journal Debit Credit 1 December 31, 202 Salaries Payable 6,200 X 19,400 X Salaries Expense Cash 25,600 X - 2 December 31, 202 Depreciation Expense 4,600 Accumulated Depreciation 4,600 3 1,000 December 31, 202 Supplies Expense Supplies 1,000 Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Credits Debits $18,000 7,600 3,600 13,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals $ 4,200 6,200 23,000 8,800 $42,200 $ 42,200 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $ 56,000, of which $20,600 is on account. 2. May 2 Collect on accounts receivable, $17,600. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $6,200 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,600. 6. October 19 Purchase equipment for $7,600 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. NO Date General Journal Debit Credit 1 March 12 Accounts Receivable 20,600 Cash 35,400 Service Revenue 56,000 2 May 02 17,600 Cash Accounts Receivable 17,600 June 30 Cash 5,000 Common Stock 5,000 August 01 6,200 Salaries Payable Cash 6,200 September 25 12,600 Repairs and Maintenance Expense Cash 12,600 October 19 7,600 Equipment Cash 7,600 7 December 30 Dividends 1,000 Cash 1,000 Credit 4,200 RED STORM CLEANERS Unadjusted Trial Balance December 31, 2021 Accounts Debit Cash $ 29,200 X Accounts Receivable 10,600 Supplies 3,600 Equipment 20,600 Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends 1,000 Service Revenue Salaries Expense 19,400 X Repairs and Maintenance Expense 12,600 Depreciation Expense Supplies Expense Totals $ 97,000 28,000 8,800 56,000 $ 97,000 No Date General Journal Debit Credit 1 December 31, 202 Salaries Payable 6,200 X 19,400 X Salaries Expense Cash 25,600 X - 2 December 31, 202 Depreciation Expense 4,600 Accumulated Depreciation 4,600 3 1,000 December 31, 202 Supplies Expense Supplies 1,000
