The general ledger of Black Cloud Cleaners at January 1, 2024, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals Debits $ 13,000 6,600 2,600 17,000 Credits 4. August 1 5. September 25 6. October 19 $ 5,800 8,300 18,000 7,100 $ 39,200 $ 39,200 The following is a summary of the transactions for the year: 1. March 12 2. May 2 3. June 30 Provide services to customers, $46,000, of which $19,600 is on account. Collect on accounts receivable, $16,600. Issue shares of common stock in exchange for $4,000 cash. Pay salaries of $8,300 from 2023 (prior year). Pay repairs and maintenance expenses, $11,600. Purchase equipment for $6,600 cash. 7. December 30 Pay $1,200 cash dividends to stockholders. View previous a Required: 2. Record each of the summary transactions listed above. 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,60C Office supplies remaining on hand at the end of the year equal $1,100. 7. Prepare an adjusted trial balance. 8-a. Prepare the income statement for the year ended December 31, 2024. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. 9. Record closing entries. 1., 3., 6., & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. 11. Prepare a post-closing trial balance.

The general ledger of Black Cloud Cleaners at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. March 12 2. May 2 3. June 30 4. August 1 5. September 6. October 19 Provide services to customers, $46,000, of which $19,600 is on account. collect on accounts receivable, $16,608. Issue shares of common stock in exchange for $4,000cash. Pay sataries of $8,300 from 2023 (prior year). Pay repairs and maintenance expenses, $11,600. Purchase equipment for $6,600 cash. Pay $1,200 cash dividends to stockholders. Required: 2. Record each of the summary transactions listed above. 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,60 Office supplies remaining on hand at the end of the year equal $1,100. 7. Prepare an adjusted trial balance. 8-a. Prepare the income statement for the year ended December 31, 2024. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. 9. Record closing entries. 1., 3., 6., \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. 11. Prepare a post-closing trial balance