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 Debits $ 14,500 Credits 6,900 2,900 15,500 $ 5,200 7,700 19,500 Retained Earnings Totals 7,400 $ 39,800 $ 39,800 The following is a summary of the transactions for the year: 1. March 12 2. May 2 Provide services to customers, $49,000, of which $19,900 is on account. Collect on accounts receivable, $16,900. es 3. June 38 4. August 1 5. September 25 6. October 19 7. December 30 Issue shares of common stock in exchange for $4,000 cash. Pay salaries of $7,700 from 2023 (prior year). Pay repairs and maintenance expenses, $11,900. Purchase equipment for $6,900 cash. Pay $1,200 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,900. Office supplies remaining on hand at the end of the year equal $1,100. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 to 7). Review the General Ledger and the "Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal' tab (these are shown as items 8 to 10). 3. Review the adjusted Trial Balance' as of December 31, 2024. 4. Prepare an income statement for the period ended December 31, 2024, in the 'Income Statement" tab. 5. Prepare a classified balance sheet as of December 31, 2024 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 11 to 13).. General General Requirement Trial Balance Journal Ledger Income Statement Balance Sheet Prepare the journal entries for transactions. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet 9 10 11 Record the entry to close the revenue accounts. Note: Enter debits before credits. Date December 31 22 12 13 General Journal Debit Credit View general journal Record entry Clear entry Requirement General Journal General Ledger Income Trial Balance Prepare the journal entries for transactions. Statement Balance Sheet Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. View transaction list Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. Date December 31 10 11 13 General Journal Debit Credit View general journal Record entry Clear entry