Required information Problem 3-8A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account belances: Part 3 of 8 nts Cash Accounts Receivable Supplies Equipeent Accumalated Depreciation Salaries Payable Conmon Stock Retained Earnings 10 points $20,000redits 8,000 4,000 15,000 5,000 7,500 25,000 eBook Print References Totals 47,000 $47,000 The following is a summary of the transactions for the year: March 12 Provide services to eustoners, $60,000, of which $21,000 La on aceount. 2. May 3. June 4. August 5. September 25 Pay repairs and naintenance expenses, $13,000 6. October 19 Purchase equipment for s8,000 cash 7. December 30 Pay $1,100 cash dividends to atockholders. 2 Colleet on aecounte receivable, $18,000 30 Issue aharen of coneon stock in exchange for $6,000 cash. 1 Pay salaries ot 67.500 from 2020 (prior year) Problem 3-8A Part 5 5. Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreclation for the year on the equipment is $5,000. Office supplies remaining on hand at the end of the year equal $1,200. (If no entry is requlred for a particular transaction/event, select "No journal entry required in the first account field.) Help 5. September 25 Pay repairs and naintenance expensen, $13,000. 6. October 19 Purchase equipment for $8,000 eash. 7. December 30 Pay $1,100 cash dividends to stockholders Par 3fProblem 3-8A Part 5 Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is $5,000. Office supplies remaining on hand at the end of the year equal $1,.200. (If no entry is required for a particular transaction/event select "No journal entry required" in the first account field.) 10 points eBook View transaction ist View journal entry worksheet Print No Date General Journal Debit December 31. No Transaction Recorded 2021 December 31, No Transaction Recorded 2021 a December 31 No Transaction Recorded 2021