post- closing trial

The following is a summary of the transactions for the year: a. Provided services, $104,000, of which $31,200 was on account and the balance was received in cash. b. Collected on accounts receivable, $22,300. c. Issued shares of common stock in exchange for $8,000 in cash. d. Paid salaries, $37,750 (of which $6,250 was for salaries payable at the end of the prior year). e. Paid miscellaneous expense for various items, $20,400. f. Purchased equipment for $10,500 in cash. 9. Paid $2,475 in cash dividends to shareholders. Additional information: h. Accrued salaries at year-end amounted to $755. 1. Depreciation for the year on the equipment is $1,600. Required: 1 to 3. Prepare a general journal entry for each of the summary transactions listed. Record beginning balances in the T-accounts (on the T-accounts tab). Post the journal entries to the T-accounts. 4. Using the T-account balances, prepare an unadjusted trial balance, 5. Prepare adjusting journal entries using the additional information provided. Post to the T-accounts (on the T-accounts tab). 6. Using the adjusted T-account balances, prepare an adjusted trial balance. 7-a. Prepare an income statement for 2024. 7-b. Prepare a balance sheet as of December 31, 2024. 8. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). 9. Prepare a post-closing trial balance