ment i Saved Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $15,500 Accounts Receivable 7,100 Supplies 3,100 Equipment 10,500 Accumulated Depreciation $3,200 Salaries Payable 5,200 Common Stock 20,500 Retained Earnings Totals 7,300 $36,200 $36,200 The following is a summary of the transactions for the year: 1. March 2. May 3. June 4. August 12 Provide services to customers, $51,000, of which $20,100 is on/account. 2 Collect on accounts receivable, $17,100. 30 Issue shares of common stock in exchange for $6,000 cash. 1 Pay salaries of $5,200 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,100. 6. October 19 Purchase equipment for $7,100 cash. 7. December 30 Pay $1,100 cash dividends to stockholders. 7. Prepare an adjusted trial balance. RED STORM CLEANERS Adjusted Trial Balance Accounts Cash Accounts Receivable Supplies December 31, 2021 Debit Credit $ 44,000 10,100 3,100 7. December 30 Pay $1,100 cash dividends to stockholders. 7. Prepare an adjusted trial balance. Accounts Cash Accounts Receivable Supplies RED STORM CLEANERS Adjusted Trial Balance December 31, 2021 Debit Credit $ 44,000 10,100 3,100 17,600 3,200 Equipment Accumulated Depreciation ces Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Repairs and Maintenance Expense Depreciation Expense Supplies Expense Totals 26,500 7,300 1,100 51,000 12,100 $ 88,000 $ 88,000