Record the adjustment for revenue earned.

The general ledger of Pipers Plumbing at January 1, 2018, includes the following account balances Debits Credits Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings $4,300 9,300 3,300 32,000 $7,200 5,200 6,200 0 21,000 9,300 Totals $48,900 $48,900 The following is a summary of the transactions for the year: a. January 24 Provide plumbing services for cash, $18,000, and on account, $63,000 b. March 13 Collect on accounts receivable, $51,000 c. May 6lssue shares of common stock in exchange for $10,000 cash. d. June 30Pay salaries for the current year, $32,600 e. September 15 Pay for utilities expenses, $12,600, of which $6,200 represents costs for 2017 f. November 24 Receive cash in advance from customers, $9,200 g. December 30 Pay $2,600 cash dividends to stockholders. h. Depreciation for the year on the machinery is $7,200. Plumbing supplies remaining on hand at the end of the year equal $1,000. Of the $9,200 paid in advance by customers, $6,600 of the work has been completed by the end of the year