Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Debits $15,500 7,100 Credits Supplies 3,100 Equipment 10,500 Accumulated. Depreciation $ 3,200 Salaries Payable Common Stock Retained Earnings Totals 5,200 20,500 7,300 $36,200 $36,200 The following is a summary of the transactions for the year: 1. March. 2. May 3. June 4. August 12 Provide services to customers, $51,000, of which $20,100 is on account. 2 Collect on accounts receivable, $17,100. 30 Issue shares of common stock in exchange for $6,000 cash. 1 Pay salaries of $5,200 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,100. 6. October 19 Purchase equipment for $7,100 cash. 7. December 30 Pay $1,100 cash dividends to stockholders. 7. Prepare an adjusted trial balance. RED STORM CLEANERS Accounts Cash Adjusted Trial Balance December 31, 2021 Debit Credit $ 44,000 < Prev 4 5 86 8 of 8 Next >