! 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 $54,000 cash from the issue of common stock. Feb. 1 Paid rent for office space for two years, $16,800 cash. Apr. 10 Purchased $900 of supplies on account. July 1 Received $29,000 cash in advance for services to be provided over the next year. 20 Paid $675 of the accounts payable from April 10. Aug. 15 Billed a customer $10,000 for services provided during August. Sept. 15 Completed a job and received $2,600 cash for services rendered. Oct. 1 Paid employee salaries of $37,500 cash. 15 Received $8,500 cash from accounts receivable. Nov. 16 Billed customers $35,500 for services rendered on account. Dec. 1 Paid a dividend of $600 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,450 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $110 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.)