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

January 30	Established the business when it acquired $51,000 cash from the issue of common stock.
February 1	Paid rent for office space for two years, $16,700 cash.
April 10	Purchased $760 of supplies on account.
July 1	Received $24,500 cash in advance for services to be provided over the next year.
July 20	Paid $570 of the accounts payable from April 10.
August 15	Billed a customer $9,200 for services provided during August.
September 15	Completed a job and received $3,200 cash for services rendered.
October 1	Paid employee salaries of $38,000 cash.
October 15	Received $7,500 cash from accounts receivable.
November 16	Billed customers $34,000 for services rendered on account.
December 1	Paid a dividend of $1,300 cash to the stockholders.
December 31	Adjusted records to recognize the services provided on the contract of July 1.
December 31	Recorded $2,300 of accrued salaries as of December 31.
December 31	Recorded the rent expense for the year. (See February 1.)
December 31	Physically counted supplies; $80 was on hand at the end of the period.

Required a. Record the preceding transactions in the general journal.

b. Post the transactions to T-accounts. (You will also post the closing entries in Req E to these T-accounts.) Especially retained earnings

c. Prepare an adjusted Trial Balance.

d-1. Prepare an income statement for Year 1.

d-2. Prepare a statement of changes in stockholders equity for Year 1.

d-3. Prepare a balance sheet for Year 1.

d-4. Prepare a statement of cash flows for Year 1.

e. Record the entries to close the Year 1 temporary accounts to Retained Earnings in the general journal and post to the T-accounts.

f. Prepare a post-closing trial balance for December 31, Year 1.