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

January $30$ Established the business when it acquired $$49,000$ cash from the issue of common stock.

February $1$ Paid rent for office space for two years, $$17,500$ cash.

April $10$ Purchased $$790$ of supplies on account.

July $1$ Received $$21,000$ cash in advance for services to be provided over the next year.

July $20$ Paid $$593$ of the accounts payable from April $10.$

August $15$ Billed a customer $$9,300$ for services provided during August.

September $15$ Completed a job and received $$2,900$ cash for services rendered.

October $1$ Paid employee salaries of $$31,500$ cash.

October $15$ Received $$9,100$ cash from accounts receivable.

November $16$ Billed customers $$37,500$ for services rendered on account.

December $1$ Paid a dividend of $$700$ cash to the stockholders.

December $31$ Adjusted records to recognize the services provided on the contract of July $1.$

December $31$ Recorded $$2,100$ of accrued salaries as of December $31.$

December $31$ Recorded the rent expense for the year. $($See February $1.)$

December $31$ Physically counted supplies; $$60$ 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.$)$

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 $1.$