prepare a trial balance sheet: cannot figure out what goes in the debit or credit section and in the empty account title I thought it was salaries expense or salaraies payable but keeps giving me inccorect for that one.. any help would be great!! :) Required information Problem 3-32A Comprehensive problem: single cycle LO 3-1, 3-2, 3-3, 3-4 [The following information applies to the questions displayed below.] The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired $52,000 cash from the issue of common stock. Feb. 1 Paid rent for office space for two years, $16,400 cash. Apr. 10 Purchased $870 of supplies on account. July 1 Received $26,500 cash in advance for services to be provided over the next year. 20 Paid $653 of the accounts payable from April 10. Aug. 15 Billed a customer $9,400 for services provided during August. Sept. 15 Completed a job and received $2,800 cash for services rendered. Oct. 1 Paid employee salaries of $34,500 cash. 15 Received $8,700 cash from accounts receivable. Nov. 16 Billed customers $33,000 for services rendered on account. Dec. 1 Paid a dividend of $1,500 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1.1 31 Recorded $2,300 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $90 was on hand at the end of the period. Problem 3-32A Part c Prepare a trial balance. (Round your final answers to the nearest whole dollar amount.) < Prev 3 8 4 5 6 of 6 Next > of 6 Dok int ences Required information SMITH TRAINING COMPANY Trial Balance December 31, Year 1 Debit Account Titles Cash Prepaid rent Supplies expense Service revenue Accounts payable Accounts receivable Salaries expense Salaries payable Common stock Dividends Unearned revenue Rent expense Supplies Totals EA Credit 0 $