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income stamenet , statement of change in stockholders equity, balance sheet, statement of cash flows

1. Acquired $44,000 cash from the issue common stock 2. Paid $12,900 cash in advance for rent. The payment was for the period April 1 Year 1 to March 31. Year 2 3. Performed services for customers on account for $90,000 4. Incurred operating expenses on account of $39.500. 5. Collected $69,000 cash from accounts receivable. 6. Paid $30,000 cash for salary expense 7. Paid $31,600 cash as a partial payment on accounts payable. Adjusting Entries 8. Made the adjusting entry for the expired rent. (See Event 2) 9. Recorded $4,200 of accrued salaries at the end of Year 1 Events for Year 2 1. Paid $4,200 cash for the salaries accrued at the end of the prior accounting period. 2. Performed services for cash of $39,000 3. Purchased $3,700 of supplies on account 4. Paid $13.200 cash in advance for rent. The payment was for one year beginning April 1, Year 2. 5. Performed services for customers on account for $106,000 6. Incurred operating expenses on account of $50,500 7. Collected $98,000 cash from accounts receivable. 8. Paid $48,000 cash as a partial payment on accounts payable. 9. Paid $32,400 cash for salary expense. 10. Paid a $12,000 cash dividend to stockholders Adjusting Entries 11. Made the adjusting entry for the expired rent. (Hint Part of the rent was paid in Year 1) 12. Recorded supplies expense. A physical count showed that $350 of supplies were still on hand, 16 MacBook Air DE so 888 81 : # 3 $ 4 % 5 & 7 d 6 8 2 9 W E R T Y O U S D F G H