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Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Debits Credits $12,000 Accounts
Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Debits Credits $12,000 Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals 6,400 2,400 18,000 $ 6,200 8,700 17,000 6,900 $38,800 $38,800 The following is a summary of the transactions for the year: 1. March 2. May 3. June 4. August 12 Provide services to customers, $44,000, of which $19,400 on account. 2 Collect on accounts receivable, $16,400. 30 Issue shares of common stock in exchange for $6,000 cash. 1 Pay salaries of $8,700 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $11,400. 6. October 19 Purchase equipment for $6,400 cash. 7. December 30 Pay $1,100 cash dividends to stockholders. 4. Prepare an unadjusted trial balance. Accounts RED STORM CLEANERS Unadjusted Trial Balance December 31, 2021 Debit
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