P 3-2 LO3 LO4 Journal Entries and Trial Balance As of January 1, 2017, Gammon Corporation had the following balances in its general ledger: Credits Debits $ 63,000 147,000 416,000 Cash Accounts Receivable Office Building Accounts Payable Mortgage Payable Notes Payable. Capital Stock Retained Earrings Totals $ 33,000 276,000 137,000 115,000 65,000 $626,000 S626,000 a Gammon had the following transactions during 2017. All expenses were paid in cash, unless otherwise stated. Collected $42,000 of receivables. b Accounts Payable as of January 1, 2017, were paid off. Paid utilities of $12,600. Provided services for $370,000, 90% for cash and 10% for credit, C d