[The following information applies to the questions displayed below.) Colton Enterprises experienced the following events for Year 1, the first year of operation: 1. Acquired $35,000 cash from the issue of common stock 2. Paid $12,000 cash in advance for rent. The payment was for the period April 1, Year 1, to March 31, Year 2. 3. Performed services for customers on account for $72,000. 4. Incurred operating expenses on account of $35,000. 5. Collected $55,500 cash from accounts receivable. 6. Paid $21,000 cash for salary expense, 7. Paid $28,000 cash as a partial payment on accounts payable. Adjusting Entries 8. Made the adjusting entry for the expired rent. (See Event 2.) 9. Recorded $2,400 of accrued salaries at the end of Year 1. Required a. Record the events and adjusting entries for Year 1 in general Journal form. (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet