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prepare a general ledger, income statement, and balance sheet with the given information os The trial balance of Pacilio Security Services, Incorporated as of January

prepare a general ledger, income statement, and balance sheet with the given information
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os The trial balance of Pacilio Security Services, Incorporated as of January 1 Year 4, had the following normal balances. Cash $ 12,500 Accounts Receivable 3,500 Supplies 128 Prepaid Rent 1,000 Land 4,800 Unearned Revenue 900 Salaries Payable 1,000 Common Stock 8,000 Retained Earnings 11,220 In Year 4. Pacilio Security Services decided to expand its business to sell security systems and offer 24-hour alarm monitoring services It plans to phase out its current service of providing security personnel at various events. The following summary transactions occurred during Year 4 1. Paid the salaries payable from Year 3. 2. Acquired an additional $42,000 cash from the issue of common stock 3. Rented a larger building on May t; paid $6,000 for 12 months' rent in advance. 4. Paid $800 cash for supplies to be used over the next several months by the business 5. Purchased alarm systems for resale al a cost of $12,000. The alarm systems were purchased on account with the terms 2/10, 1/30. 6. Returned alarm systems that had a cost of $240. 7. Installed alarm systems during the year for a total sales amount of $20,000. Sales of $15,000 were on account, while $5,000 were 8. The cost of the systems sold in Event 7 amounted to $9,440. 9. Paid the installers and other employees a total of $9,500 in salaries. 0. Sold $36,000 of monitoring services for the year. The services are billed to the customers each month. 11. Pald cash on accounts payable. The payment was made before the discount period expired. At the time of purchase, the inventory 2. Pald cash to settle additional accounts payable in the amount of $2,780. The payment was made after the discount period expired. 4. Performed $12,000 of security services for area events: $9,000 was on account and $3,000 was for cash 5. Paid advertising cost of $1620 for the year 6. Paid $1,100 for utilities expense for the year 17. Paid a dividend of $12,000 to the shareholders Adjustment Information 8. Supplies of $150 were on hand at the end of the year

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