Required information The following information applies to the questions displayed below) The following transactions pertain to Smith Training Company for Year 1: Jan. 30 Established the business when it acquired 850,000 cash from the inne of common stock. Feb 1 Paid rent for ottice space for two years, $17.400 cash. Apr. 10 Purchased $760 of supplies on account. July 1 Received $26,000 cash in advance for services to be provided over the next year. 20 Paid $570 of the accounts payable from April 10. Aug. 15 Billed a customer $9.700 for services provided during August Sept. 15 Completed a job and received $2,500 cash for services rendered. Oct. 1 Paid employee salaries of $30,500 cash. 15 Received $8,800 cash from accounts receivable. Nov. 16 Billed customers $39,500 for services rendered on account. 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 $2,500 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $70 was on hand at the end of the period. Dec. e. Record the entries to close the Year 1 temporary accounts to Retained Earnings in the general journal and post to the T-accounts (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your final answers to the nearest whole dollar amount.) VIIUL UUNI QITIUUIL View transaction list Journal entry worksheet