Required information The general ledger of Red Storm Cleaners at January 1, 2021, Includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals Debits Credits $16,000 7,200 3,200 11,000 $ 3,400 5,400 21,000 7,600 $37,400 $37,400 The following is a summary of the transactions for the year. 1. March 12 Provide services to customers, $52,000, of which $20, 200 in on account. 2. May 2 Collect on accounts receivable, $17,200. 3. June 30 Issue shares of common stock in exchange for $4,000 cash. 4. August 1 Pay salaries of $5,400 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,200. 6. October 19 Purchase equipment for $7,200 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/eve arnal entry required" in the first account field.) View transaction list Journal entry worksheet MacBook Pro C G Search or type URL A 2 # 3 $ 4 % 5 0) > & 7 8 9 W E R T Y U Required information View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Provide services to customers, $52,000, of which $20,200 is on account. Note: Enter debits before credits. Date General Journal Debit Credit March 12 Record entry Clear entry View general Journal & 7 3 Required information View transaction list Journal entry worksheet 4 N 5 6 7 Issue shares of common stock in exchange for $4,000 cash. Note: Enter debits before credits Date General Journal Debit Credit June 30 Record entry Clear entry View general Journal