Required information [The following information applies to the questions displayed belowj The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired $54,000 cash from the issue of common stock. Feb. 1 Paid rent for office space for two years, $16,000 cash. Apr. 10 Purchased $900 of supplies on account. July 1 Received $23,000 cash in advance for services to be provided over the next year. 20 Paid $675 of the accounts payable from April 10. Aug. 15 Billed a customer $9,600 for services provided during August Sept.15 Completed a job and received $2,500 cash for services rendered. Oct. 1 Paid employee salaries of $31,000 cash. 15 Received $8,700 cash from accounts receivable Nov. 16 Billed customers $37,500 for services rendered on account. Dec. 1 Paid a dividend of $1,500 cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,150 of accrued salaries as of December 31 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $100 was on hand at the end of the period. f. Prepare a post-closing trial balance for Year 1. (Round your final answers to the nearest whole dollar amount.) SMITH TRAINING COMPANY Post-Closing Trial Balance December 31, Year 1 Account Titles Debit Credit Totals