The general ledger of Green Stream Cleaners at January $1,2024,$ includes the following account balances: 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 journal entry worksheet General Ledger Account Choose the appropriate accounts to be reported on the income statement. The unadjusted, adjusted, or post$-$closing balances

will appear for each account, based on your selection.

Post$-$closingThe balance sheet is the accounting equation: Assets $=$ Liabilities $+$ Equity. Each asset and liability account is reported separately on the

balance sheet. The unadjusted, adjusted, or post$-$closing balances will appear for each account, based on your selection.

Post$-$closing

The following is a summary of the transactions for the year:

March $12$ Provide services to customers, $$45,000,$ of which $$19,500$ is on account.

May $2$ Collect on accounts receivable, $$16,500.$

June $30$ Issue shares of common stock in exchange for $$5,000$ cash.

August $1$ Pay salaries of $$8,500$ from $2023($prior year$).$

September $25$ Pay repairs and maintenance expenses, $$11,500.$

October $19$ Purchase equipment for $$6,500$ cash.

December $30$ Pay $$1,000$ cash dividends to stockholders.

The following information is available for the adjusting entries.

Accrued salaries at year$-$end amounted to $$19,500.$ Depreciation for the year on the equipment is $$3,500.$ Office supplies remaining

on hand at the end of the year equal $$1,200.$