The following information applies to the questions displayed below.]

The following transactions pertain to Smith Training Company for Year 1:

Jan.	30		Established the business when it acquired $45,000 cash from the issue of common stock.
Feb.	1		Paid rent for office space for two years, $15,100 cash.
Apr.	10		Purchased $790 of supplies on account.
July	1		Received $21,500 cash in advance for services to be provided over the next year.
	20		Paid $593 of the accounts payable from April 10.
Aug.	15		Billed a customer $10,100 for services provided during August.
Sept.	15		Completed a job and received $2,500 cash for services rendered.
Oct.	1		Paid employee salaries of $37,500 cash.
	15		Received $8,400 cash from accounts receivable.
Nov.	16		Billed customers $33,500 for services rendered on account.
Dec.	1		Paid a dividend of $1,300 cash to the stockholders.
	31		Adjusted records to recognize the services provided on the contract of July 1.
	31		Recorded $2,000 of accrued salaries as of December 31.
	31		Recorded the rent expense for the year. (See February 1.)
	31		Physically counted supplies; $150 was on hand at the end of the period. a. Record the preceding transactions in the general journal, in the given order. b. Post the transactions to T-accounts and calculate the account balances