Required Information The general ledger of Red Storm Cleaners at January 1, 2021, Includes the following account balances: Credits Debits $14,000 6, 800 2,800 16,000 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals $ 5,400 7,900 19,000 7,300 $39,600 $39,600 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $48,000, of which $19,800 is on account. 2. May 2 Collect on accounts receivable, $16,800. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $7,900 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,800. 6. October 19 Purchase equipment for $6,800 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. Journal entry worksheet K 1 2 3 > Record the adjusting entry for salaries. Accrued salaries at year-end amounted to $19,500. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2021 Record entry Clear entry View general Journal