O Required information The general ledger of Red Storm Cleaners at January 1, 2021, Includes the following account balances: Accounts Debits Credits Cash $16,500 Accounts Receivable 7,300 Supplies 3,300 Equipment 11,500 Accumulated Depreciation $ 3,600 salaries Payable 5,600 Common Stock 21,500 Retained Earnings 7,900 Totals $38,600 $38,600 The following is a summary of the transactions for the year 16 March 12. Provide services to customers, $53,000, of which $20,300 is on account. 20 May 2 Collect on accounts receivable, $17,300. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $5,600 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,300. 6. October 19 Purchase equipment for $7,300 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. Required: 1., 3., 6., & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances Common Stock Retained Earnings Beg Bal Beg Bal End. Bal. 0 End. Bal. 0 Service Revenue Dividends Beg Bal Beg Bal. End. Bal 0 End. Bal 0 Salarios Expense Repairs and Maintenance Expenso Beg. Bal Beg. Bal. End. Bal 0 End. Bal. 0 Depreciation Expense Suppliestexpense Beg Bal Beg Bal End. Bal. 0 End. Bal 0 Required: 1., 3., 6., & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Cash Accounts Receivable Beg Bal Beg. Bal End. Bal 0 End. Bal 0 Supplies Equipment Beg. Bal Bog. Bal End. Bal. End. Bal 0 Accumulated Depreciation Salaries Payablo Beg. Bal Bog Bal End. Bal End. Bal 0 View transaction list View journal entry worksheet :X 1 Record the adjusting entry for salaries. Accrued salaries at year-end amounted to $19,500. 2 Record the adjusting entry for depreciation, $4,300. 3 Record the adjusting entry for supplies. Supplies remaining on hand at the end of the year equal $1,000