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 \\( \\$ 46,000 \\) cash from the issue of common stock. Feb. 1 Paid rent for office space for two years, \\( \\$ 33,000 \\) cash. Apr. 10 Purchased \\( \\$ 820 \\) of supplies on account. July 1 Received \\( \\$ 21 \\), 00e cash in advance for services to be provided over the next year. 20 Paid \\( \\$ 615 \\) of the accounts payable fron April 10. Aug. 15 Billed a customer \\( \\$ 9,800 \\) for services provided during August. sept.15 completed a job and received \\( \\$ 3,000 \\) cash for services rendered. oct. 1 Paid employee salaries of \\( \\$ 37,500 \\) cash. 15 Received \\( \\$ 8,800 \\) cash from accounts receivable. Nov. 16 Bitled customers \\( \\$ 34,006 \\) for services rendered on account. Dec. 1 Paid a dividend of \\( \\$ 800 \\) cash to the stockholders. 31 Adjusted records to recognize the services provided on the contract of July 1. 31 Recorded \\( \\$ 2,250 \\) of accrued salaries as of December 31 . 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; \\( \\$ 120 \\) was on hand at the end of the period. c. Prepare a trial balance. 31 Physically counted supplies; \\( \\$ 120 \\) was on hand at the end of the period. c. Prepare a trial balance