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Colton Enterprises experienced the following events for Year $1,$ the first year of operation:

Acquired $$35,000$ cash from the issue of common stock.

Paid $$12,000$ cash in advance for rent. The payment was for the period April $1,$ Year $1,$ to March $31,$ Year $2.$

Performed services for customers on account for $$72,000.$

Incurred operating expenses on account of $$35,000.$

Collected $$55,500$ cash from accounts receivable.

Paid $$21,000$ cash for salary expense.

Paid $$28,000$ cash as a partial payment on accounts payable.

Adjusting Entries

Made the adjusting entry for the expired rent. $($See Event $2.)$

Recorded $$2,400$ of accrued salaries at the end of Year $1.$

Events for Year $2$

Paid $$2,400$ cash for the salaries accrued at the end of the prior accounting period.

Performed services for cash of $$21,000.$

Purchased $$2,800$ of supplies on account.

Paid $$13,200$ cash in advance for rent. The payment was for one year beginning April $1,$ Year $2.$

Performed services for customers on account for $$88,000.$

Incurred operating expenses on account of $$41,500.$

Collected $$89,000$ cash from accounts receivable.

Paid $$39,000$ cash as a partial payment on accounts payable.

Paid $$31,500$ cash for salary expense.

Paid a $$10,000$ cash dividend to stockholders.

Adjusting Entries

Made the adjusting entry for the expired rent. $($Hint: Part of the rent was paid in Year $1.)$

Recorded supplies expense. A physical count showed that $$450$ of supplies were still on hand.

Required

a$.$ Record the events and adjusting entries for Year $1$ in general journal form. $($Do not round intermediate calculations. If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$