Mailings Review View Help ses. Unless you need to edit, it's safer to stay in Protected View Enable Editing LO 2-2,2-3, 2-4 Exercise 2-88 Elefaccrue the neces They los experienced the wing events in Your 1 in your operation 1. Recived $20,000 cash from the common stock 2. Performed services on sccount for $38.000 3. Puld the t ype of $2.500. 4. Collected $21.000 of the accounts receivable 5. Recorded $15.000 of crud salaries at the end of the year 6. Pada $2.000 cash dividend to the shareholders Required Record the creation callediger counts under an accounting on. In the last column of the provide protect s for the Retained Earningsman. The instrum has been d e TALLEY INC. General Ledger Accounts Meet The for Rut. Eam Labies Stockholders Accounts Receivable Sa Payable Common Rated Stock Camings - 20.000 Talley, Inc. General Ledger Accounts for the Year Ended December 31, Year 1 Assets = Liabilities + Stockholders' Equity Accts. Rec. Salaries Pay. Event Cash 20,000 Common Retained Acct. Title Stock Earnings for RE 20,000 ils 36,500 17,000 - 15,000 - 20,000 18,500 References Mailings Review View Help can contain viruses. Unless you need to edit, it's safer to stay in Protected View Enable Editing EXERCISE 2-8B b. (cont.) Talley, Inc. Balance Sheet PrtSc Insert