please only use the answer choices: cash, accounts receivable, allowance for uncollectible accounts, note receivable, interest receivable, inventory, supplies, prepaid rent, prepaid insurance, land, buildings, equipment, accumulated depreciation, accounts payable, salaries payable, utilities payable, interest payable, income taxes payable, dividends payable, deferred revenue, notes payable, common stock, treasury stock, additional paid in capital, retained earnings, dividends, service revenue, interest revenue, cost of good sold, advertising expense, depreciation expense, supplies expense, salaries expense, utilities expense, bad debt expense, interest expense, rent expense, income tax expense, and repairs and maintenance expense

The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Credits Debits $13,500 6,700 2,700 16,500 Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings $ 5,600 8,100 18,500 7,200 $39, 400 Totals $39,400 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $47,000, of which $19,700 is on account. 2. May 2 Collect on accounts receivable, $16,700. 3. June 30 Issue shares of common stock in exchange for $6,000 cash. 4. August 1 Pay salaries of $8,100 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,700. 6. October 19 Purchase equipment for $6,700 cash. 7. December 30 Pay $1,100 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $17,700. Depreciation for the year on the equipment is $3,700. Office supplies remaining on hand at the end of the year equal $1,000. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 - 7). Review the "General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal' tab (these are shown as items 8-10). 3. Review the adjusted Trial Balance' as of December 31, 2021. 4. Prepare an income statement for the period ended December 31, 2021, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of December 31, 2021 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 11-13). answer choices: cash, accounts receivable, allowance for uncollectible accounts, note receivable, interest receivable, inventory, supplies, prepaid rent, prepaid insurance, land, buildings, equipment, accumulated depreciation, accounts payable, salaries payable, utilities payable, interest payable, income taxes payable, dividends payable, deferred revenue, notes payable, common stock, treasury stock, additional paid in capital, retained earnings, dividends, service revenue, interest revenue, cost of good sold, advertising expense, depreciation expense, supplies expense, salaries expense, utilities expense, bad debt expense, interest expense, rent expense, and income tax expense, Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the providing of services to customers, $47,000, of which $19,700 is on account. Note: Enter debits before credits. Date General Journal Debit Credit March 12 Record entry Clear entry View general journal . Record the collection on accounts receivable, 16,700. Note: Enter debits before credits. . Date General Journal Debit Credit May 02 Record entry Clear entry View general journal Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet ..... Record the issuance of common stock in exchange for $6,000 cash. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general Journal Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the payment of salaries of $8,100 from 2020 (prior year). Note: Enter debits before credits. . Date General Journal Debit Credit August 01 Record the purchase of equipment for $6,700 cash. Note: Enter debits before credits. Date General Journal Debit Credit October 19 Record entry Clear entry View general journal General Requirement General Journal Trial Balance Income Statement Balance Sheet Ledger Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet ... Record the adjusting entry for salaries. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet ..... Record the adjusting entry for depreciation. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet ..... Record the adjusting entry for supplies remaining on hand at the end of the year equal to $1,000. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Journal entry worksheet Record the closing entry for revenue. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the closing entry for expenses. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journal Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the closing entry for cash dividends. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Each journal entry is posted automatically to the general ledger. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted General Ledger Account Cash Accounts Receivable No. Date Debit Credit Balance No. Date Debit Credit Balance January 01 13,500 January 01 6,700 Supplies Equipment No. Date Debit Credit Balance No. Date Debit Credit Balance January 01 2,700 January 01 16,500 Accumulated Depreciation Salaries Payable No. Date Debit Credit Balance No. Date Debit Credit Balance January 01 5,600 January 01 8,100 Common Stock Retained Earnings No. Date Debit Credit Balance No. Date Debit Credit Balance 7,200 January 01 18,500 January 01 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet The ending balance values from the General Ledger tab flows through to the Trial Balance below. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted Red Storm Cleaners Trial Balance December 30, 2021 Account Title Debit Credit Cash $ 13,500 Accounts Receivable 6,700 2,700 16.500 Supplies Equipment Accumulated Depreciation Salaries Payable 5,600 8,100 Common Stock Retained Earnings Total 18,500 7,200 39,400 $ 39,400 $ Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Choose the appropriate accounts to be reported on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted Red Storm Cleaners Income Statement For the Year Ended December 31, 2021 Revenues: Total Revenues 0 Expenses: Total Expenses 0 $ 0 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Unadjusted Red Storm Cleaners Balance Sheet December 31, 2021 Assets Liabilities Current Assets: Current Liabilities: Total Current Liabilities 0 Stockholders' Equity 0 Total Current Assets 0 0 Long-term Assets: 0 0 0 0 Total Stockholders' Equity 0 Total Assets $ 0 Total Liabilities and Stockholders' Equity $ 0