! Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $11,000 Accounts Receivable 6,200 Supplies 2,200 Equipment 19,000 Accumulated Depreciation $ 6,600 Salaries Payable 9,100 Common Stock 16,000 Retained Earnings 6,700 Totals $38,400 $38,400 The following is a summary of the transactions for the year. 1. March 12 Provide services to customers, $42,000, of which $19,200 is on account. 2. May 2 Collect on accounts receivable, $16,200. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $9,100 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,200. 6. October 19 Purchase equipment for $6,200 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. Required: 1., 3., 6., & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Cash Accounts Receivable Beg. Bal Beg Bal End. Bal 0 End Bal Supplies Equipment Beg Bal Beg Bal End. Bal End Bal Accumulated Depreciation Salaries Payable Beg Bat Beg. Bal End. Bat. 0 End, Bal 0 Common Stock Retained Earnings Beg Bal Beg Bal Common Stock Retained Earnings Beg Bat Beg Bal End. Bal 0 End. Bal. 0 Service Revenue Dividends Beg Bal Beg Bal End, Bal 0 End. Bal. Salaries Expense Repairs and Maintenance Expense Beg Bal Beg. Bal End, Bar 0 End. Bal. Depreciation Expense Supplies Expenso Beg Bal Beg Bal. End. Bal 0 End. Bal 0