Please can you check ALL my work, if their is something wrong correct it please.
Main Information (This below is the information that I used to answer this exercise)
Please check ALL my work below, if its all correct let me know, if their is something wrong please correct it please.
The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $40,000, of which $19,000 is on account. 2. May 2 Collect on accounts receivable, $16,000. 3. June 30 Issue shares of common stock in exchange for $6,000 cash. 4. August 1 Pay salaries of $9,500 from 2023 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,000. 6. 0ctober 19 Purchase equipment for $6,000 cash. 7. December 30 Pay $1,200 cash dividends to stockholders. Required: 2. Record each of the summary transactions listed above. 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,000. Office supplies remaining on hand at the end of the year equal $1,000. 7. Prepare an adjusted trial balance. 8-a. Prepare the income statement for the year ended December 31, 2024. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. 9. Record closing entries. 1., 3., 6., \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. 11. Prepare a post-closing trial balance. Prepare an unadjusted trial balance. BLACK CLOUD CLEANERS Unadjusted Trial Balance December 31, 2024 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Record adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,000. Office supplies remaining on hand at the end of the year equal $1,000. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Prepare an adjusted trial balance. Prepare the income statement for the year ended December 31, 2024. Prepare the classified balance sheet for the year ended December 31,2024 . (Amounts to be deducted should be indicated by a min sign Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Prepare a post-closing trial balance
