Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The following is a summary of the transactions for the year. 1. March 12 Provide services to custoners, $58,60e, of which $20,800 is on account, 2. May 2 Collect on accounts receivable, $17,880. 3. June 30 Issue shares of comon stock in exchange for $4,600cash. 4. August 1 Pay salaries of $6,60e fron 2020 (prior year). 5. Septeaber 25 Pay repairs and maintenance expenses, $12,80e. 6. October 19. Purchase equipment for $7,800cash. 7 . Decenber 30 Pay $1,200 cash dividends to stockholders. equired: 3., 6., \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning baiances. Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The following is a summary of the transactions for the year. 1. March 12 Provide services to custoners, $58,60e, of which $20,800 is on account, 2. May 2 Collect on accounts receivable, $17,880. 3. June 30 Issue shares of comon stock in exchange for $4,600cash. 4. August 1 Pay salaries of $6,60e fron 2020 (prior year). 5. Septeaber 25 Pay repairs and maintenance expenses, $12,80e. 6. October 19. Purchase equipment for $7,800cash. 7 . Decenber 30 Pay $1,200 cash dividends to stockholders. equired: 3., 6., \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning baiances