Required information The followinng informetion spplios to the questions displeyed below, The following transactions pertain to Smith Training Company for Year 1 SMITH TRAINING COMPANY Post-Closing Trial Balance December 31, 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, %15,800 cash Apr. 10 Purchased $770 of supplies on account July 1 Received $23, 508 cash in advance for services to be provided over the next year Account Titles Debit 20 Paid $578 of the accounts payable from April 10 Aug. 15 Billed a customer $18,00 for services provided during August Sept.15 Completed a job and received $3,000 cash for services rendered Oct. 1 Paid employee salaries of $36,580 cash 15 Received $8,000 cash trom accounts receivable Nov. 16 Billed customers $37,008 for services rendered on account Dec. 1 Paid a dividend of $1,200 cash to the stockholders 31 Adjusted records to recognize the services provided on the contract of July 1 31 Recorded $2,450 of accrued salaries as ot December 31 31 Recorded the rent expense for the year. (See February 1.) 31 Physically counted supplies; $110 was on hand at the end of the period Totals 1531, 585px 1912 825px 100% 11:40 AM 5/11/2019 20 O Type here to search