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 $47,000 cash from the issue of common stock. Teb1 Paid cant for office space for two years, $27,000 cash. Apr. 10 Purchased $760 of supplies on account. July 1 Received $27,000 cash in advance for services to be provided over the next year. 20 Paid $570 of the accounts payable fron April 10. Aug. 15 Billed a customer 59,700 for services provided during August. Sept. 15 Completed a job and received $3,400 cash for services rendered. Oct. 1 Paid employee salaries of 537,000 cash. 15 Received $9.400 cash from accounts receivable. Nov. 16 Billed customers $33,500 for services rendered on account. Dec. 1 Paid a dividend of $900 canh to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded $2,000 of accrued salaries as of December 31. 31 Recorded the rent expense for the year. (See Yebruary 1.) 31 Physically counted supplies 670 was on hand at the end of the period. e. Record the entries to close the Year 1 temporary accounts to Retained Earnings in the general journal and post to the T-accounts. (f no entry is required for a transaction/event, select "No journal entry required" In the first account field.) View transaction list Journal entry worksheet 1 2 3 > Record the closure of service revenue. Note: Enter debits before credits General Journal Debit Credit Date Dec 31 Record entry Clear entry View general Journal Required Information Cash Accounts Recelvable Beg. Bal Beg. Bal End. Bal. End. Bal Prepaid Rent Supplies Beg. Bal. Beg Bal End. Bal End. Bal Accounts Payable Unearned Revenue Beg Bal Beg Bal End. Bat. End, Bal Salaries Payable Common Stock Beg Bal Beg. Bal. End. Bal End. Bal Retained Earnings Dividends Beg Beg Bal End. Bal End, Bal Service Revenue Salaries Expense Beg. Bal. Beg Bal End. Bal End. Bal Rent Expense Supplies Expense Beg Bal Beg. Bat. End, Bal End, Ball