! Required information [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 Debits Credits Cash $ 3,750 Accounts Receivable 8,750 Supplies 2,750 Equipment 21,000 Accumulated Depreciation $5,000 Accounts Payable 3,000 Utilities Payable 4.800 Deferred Revenue 0 Common Stock 15,500 Retained Earnings 8,750 Totals $36,250 $36,250 The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services for cash, $12,5ee, and on account, $57,5ee. 2. March 13 Collect on accounts receivable, $45,500. 3. May 6 Issue shares of common stock in exchange for $10,000 cash. 4. June 30 Pay salaries for the current year, $31,500. 5. September 15 Pay utilities of $4,000 from 2020 (prior year). 6. November 24 Receive cash in advance from customers, $7,000. 7. December 38 Pay $1,500 cash dividends to stockholders. The following information is available for the adjusting entries. Depreciation for the year on the machinery is $5,000. Plumbing supplies remaining on hand at the end of the year equal $1,000. Of the $7,000 paid in advance by customers, $5,500 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $7,500. 11. Prepare a post-closing trial balance, PIPERS PLUMBING veprecauum Tor ve year on me macamelyi povu, mummy supplies teriamy na Lue no Ore year yuan $1,000. Or the $7000 paid in advance by customers, $5,500 of the work has been completed by the end of the year Accrued utilities at year-end amounted to $7,500. 11. Prepare a post-closing trial balance. PIPERS PLUMBING Post-Closing Trial Balance December 31, 2021 Debit Accounts Credit Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Utilities Expense Supplies Expense Depreciation Expense Total $ $ 0