Required Information Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.] The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation. Accounts Payable Utilities Payable Debits $ 3,700 Credits 8,700 2,700 20,000 $ 4,800 2,800 3,888 Deferred Revenue Common Stock Retained Earnings Totals 15,000 8,700 $35,100 $35,100 The following is a summary of the transactions for the year: 1. January 2. March 3. May 4. June 24 Provide plumbing services for cash, $12,000, and on account, $57,000. 13 Collect on accounts receivable, $45,000. 6 Issue shares of common stock in exchange for $11,000 cash. 30 Pay salaries for the current year, $31,400. 5. September 15 Pay utilities of $3,800 from 2020 (prior year).. 6. November 24 Receive cash in advance from customers, $6,800. 7. December 30 Pay $1,400 cash dividends to stockholders. The following information is available for the adjusting entries. Depreciation for the year on the machinery is $4,800. Plumbing supplies remaining on hand at the end of the year equal $1,100. Of the $6,800 paid in advance by customers, $5,400 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $7,600. Problem 3-8B Part 4 4. Prepare an unadjusted trial balance. PIPERS PLUMBING Unadjusted Trial Balance Accounts Cash Accounts Receivable Supplies Equipment December 31, 2021 Debit Credit Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Dividends