The following information applies to the questions displayed below The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances Accounts Debits Credits Cash $ 19,000 Accounts Receivable 7,800 Supplies 3,800 Equipment 14,000 Accumulated Depreciation $ 4,600 Salaries Payable 6,600 Common Stock 24,000 Retained Earnings 9,400 Totals $ 44,600 $ 44,600 The following is a summary of the transactions for the year March 12 Provide services to customers, $58,000, of which $20,800 is on account May 2 Collect on accounts receivable, $17,800 June 30 Issue shares of common stock in exchange for $4,000 cash August 1 Pay salaries, $25,800 (of which $6,600 is for salaries payable in 2017) September 25 Pay repairs and maintenance expenses, $12,800 October 19 Purchase equipment for $7,800 cash December 30 Pay $1,200 cash dividends to stockholders Accrued salaries at year end amounted to $1,200 Depreciation for the year on the equipment is $4,800 Office supplies remaining on hand at the end of the year equal $1,100 Required 1 , 3 6 10 Enter the unadjusted balances from the trial balance and post the adjusting entries to the T accounts, and post the closing entries to the T accounts 2 Record each of the summary transactions listed above (If no entry is required for a particular transaction, select No journal entry required in the first account field ) 4 Prepare an unadjusted trial balance 5 Record adjusting entries (If no entry is required for a particular transaction event, select No journal entry required in the first account field ) 7 Prepare an adjusted trial balance 8 a Prepare the income statement for the year ended December 31, 2018 8 b Prepare the classified balance sheet for the year ended December 31, 2018 (Amounts to be deducted should be indicated by a minus sign ) 9 Record closing entries (If no entry is required for a particular transaction event, select No journal entry required in the first account field ) 11 Prepare a post closing trial balance

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[The following information applies to the questions displayed below.] The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances:

[The following information applies to the questions displayed below.]

The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances:

Accounts	Debits		Credits
Cash	$	19,000
Accounts Receivable		7,800
Supplies		3,800
Equipment		14,000
Accumulated Depreciation			$	4,600
Salaries Payable				6,600
Common Stock				24,000
Retained Earnings				9,400

Totals	$	44,600	$	44,600

The following is a summary of the transactions for the year:

March 12 Provide services to customers, $58,000, of which $20,800 is on account.
May 2 Collect on accounts receivable, $17,800.
June 30 Issue shares of common stock in exchange for $4,000 cash.
August 1 Pay salaries, $25,800 (of which $6,600 is for salaries payable in 2017).
September 25 Pay repairs and maintenance expenses, $12,800.
October 19 Purchase equipment for $7,800 cash.
December 30 Pay $1,200 cash dividends to stockholders.
Accrued salaries at year-end amounted to $1,200. Depreciation for the year on the equipment is $4,800. Office supplies remaining on hand at the end of the year equal $1,100.

Required:

1., 3. 6. & 10. Enter the unadjusted balances from the trial balance and post the adjusting entries to the T-accounts, and post the closing entries to the T-accounts.

2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.)

4. Prepare an unadjusted trial balance.

5. Record adjusting entries. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.)

7. Prepare an adjusted trial balance.

8-a. Prepare the income statement for the year ended December 31, 2018.

8-b. Prepare the classified balance sheet for the year ended December 31, 2018. (Amounts to be deducted should be indicated by a minus sign.)

9. Record closing entries. (If no entry is required for a particular transaction/event, select "No journal entry required" in the first account field.)

11. Prepare a post-closing trial balance.