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Required information The following information applies fo the questions displayed below] On January 1, 2024, Red flash Photography hod the following batances: Cash, $24,000; Supplies,

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Required information The following information applies fo the questions displayed below] On January 1, 2024, Red flash Photography hod the following batances: Cash, $24,000; Supplies, \$9200; Land, \$72.000; Deferred Revenue, \$6.200; Common Stock \$62,000; and Retained Eamings, \$37,000. During 2024, the compary had the following transactions 1. Fehruary 15 Issue additional shares of comeon steck, 32,0e0. 2. Nay 20 Provide services to custooers for cash, 147,600 , and on 3. Aopost 31 account, S42, eves. 1. Aupust 31 Pay salaries to eaployees for work in 2e24, 535,000. 4. October 1 Purchase rental space for one year, $24, eee. 5. Noventer 17 Purchase supplies on accol 6 . Deceater 30 Pay dividends, $3,200. The following information is avallable on December 31,2024 : 1. Employees are owed an oddrional $5.200 in salaries 2. Three months of the rental'space have expited. 3. Supplies of $6.200 remain on hand. All other supplies have been used. 4. All of the services associated with the beginning deferred revenue have been performed. 3. Prepare an adjusted trial balance

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