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 $ 10,000 Credits 6,000 2,000 20,000 $ 7,000 9,500 15,000 6,500 $ 38,000 $ 38,000 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 25 6. October 19 7. December 30 Required: Provide services to customers, $40,000, of which $19,000 is on account. Collect on accounts receivable, $16,000. Issue shares of common stock in exchange for $6,000 cash. Pay salaries of $9,500 from 2023 (prior year). Pay repairs and maintenance expenses, $11,000. Purchase equipment for $6,000 cash. Pay $1,200 cash dividends to stockholders. 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 $3,000. Office supplies remaining on hand at the end of the year equal $1,000. 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. Req 2 Req 4 Req 5 Req 7 Req 8a Req 8b Req 9 Prepare an unadjusted trial balance. Accounts Cash Accounts Receivable BLACK CLOUD CLEANERS Unadjusted Trial Balance December 31, 2024 Debit Credit Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Repairs and Maintenance Expense Depreciation Expense Supplies Expense Totals Req 1 and 3 and 6 and 10 Req 11 Req 2 Req 4 Req 5 Req 7 Req 8a Req 8b Req 9 and 6 and Req 11 10 Record adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,000. Office supplies remaining on hand at the end of the year equal $1,000. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the adjusting entry for salaries. Accrued salaries at year-end amounted to $19,700. Note: Enter debits before credits. Date December 31, 2024 General Journal Debit Credit Record entry Clear entry View general journal Req 2 Req 4 Req 5 Req 7 Req 8a Req 8b Req 9 and 6 and Req 11 10 Record adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,000. Office supplies remaining on hand at the end of the year equal $1,000. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Req 2 Req 4 Req 5 Req 7 Req 8a Req 8b Req 9 and 6 and Req 11 10 Record adjusting entries. Accrued salaries at year-end amounted to $19,700. Depreciation for the year on the equipment is $3,000. Office supplies remaining on hand at the end of the year equal $1,000. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet