The following is a summary of the transactions for the year: a. Provided services, $100,000, of which $30,000 was on account and the balance was received in cash. b. Collected on accounts receivable, $27,300. c. Issued shares of common stock in exchange for $10,000 in cash. d. Paid salaries, $50,000 (of which $9,000 was for salaries payable at the end of the prior year). e. Paid miscellaneous expense for various items, $24,000. f. Purchased equipment for $15,000 in cash. g. Paid $2,500 in cash dividends to shareholders. Additional information: h. Accrued salaries at year-end amounted to $1,000. i. Depreciation for the year on the equipment is $2,000. Required: 1 to 3. Prepare a general journal entry for each of the summary transactions listed. Record beginning balances in the T-accounts (on the T-accounts tab). Post the journal entries to the T-accounts. 4. Using the T-account balances, prepare an unadjusted trial balance. 5. Prepare adjusting journal entries using the additional information provided. Post to the T-accounts (on the T-accounts tab). 6. Using the adjusted T-account balances, prepare an adjusted trial balance. 7-a. Prepare an income statement for 2024. 7-b. Prepare a balance sheet as of December 31, 2024. 8. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). 9. Prepare a post-closing trial balance. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Post the transactions, adjusting and closing entries into the appropriate T-accounts. Note: Enter the letter of the transaction in the column next to the amount. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Miscellaneous expense } \\ \hline Beginning balance & & & \\ \hline e. & 2,400 & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & 2,400 & & \\ \hline \multicolumn{3}{|c|}{ Salaries Expense } \\ \hline & & & \\ \hline Beginning balance & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline Ending balance & & \\ \hline \end{tabular} Prepare a post-closing trial balance