The following events apply to Gulf Seafood for the 2016 fiscal year:

1. The company started when it acquired $34,000 cash by issuing common stock.

2. Purchased a new cooktop that cost $13,600 cash

3. Earned $20,600 in cash revenue.

4. Paid $12,100 cash for salaries expense.

5. Adjusted the records to reflect the use of the cooktop. Purchased on January 1, 2016, the cooktop has an expected useful life of five years and an estimated salvage value of $3,200. Use straight-line depreciation. The adjusting entry was made as of December 31, 2016.

a) Record the events in general journal format AND post to T-accounts.

cash, equipment, accumulated depreciation, common stock, sales revenue, salaries expense, depreciation expense