On January 1, Year 1, the general ledger of a company includes the following account balances: Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Common Stock Retained Earnings Totals Debit $ 25,800 7,200 5,100 70,000 $ 5,200 85,000 17.900 $108, 100 $108,100 During Year 1, the following transactions occur. January 2 Purchase rental space for one year in advance, $12,000 ($1,000/month). January 9 Purchase additional supplies on account, $5,500. January 13 Provide services to customers on account, $27,500. January 17 Receive cash in advance from customers for services to be provided in the future January 20 Pay cash for salaries, $13,500. January 22 Receive cash on accounts receivable, $26, 100. January 29 Pay cash on accounts payable, $6,000. 3. Prepare an adjusted trial balance as of January 31, Year 1. Adjusted Trial Balance January 31, Year 1 Debit Accounts Credit