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 customers, $43,000, of which $19,300 is on account. 2. May 2 Collect on accounts receivable, $16,30. 3. June 30 Issue shares of common stock in exchange for $4,000cash. 4. August 1 Pay salaries of $8,900 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,300. 6. October 19 Purchase equipment for $6,300 cash. 7. December 30 Pay $1,200 cash dividends to stockholders. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, select "No ournal entry required" in the first account field.)