The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $4,400 Accounts Receivable. 9,400 Supplies 3,400 Equipment 34,000 Accumulated Depreciation $ 7,600 5,600 Accounts Payable Utilities Payable 6,600 0 Deferred Revenue Common Stock 22,000 9,400 Retained Earnings Totals $$1,200 $51,200 The following is a summary of the transactions for the year; 1. January 24 Provide plumbing services for cash, $19,000, and on account, $64,000. 13 Collect on accounts receivable, $52,000. 2. March 3. May 6 Issue shares of common stock in exchange for $12,000 cash. 4. June 30 Pay salaries for the current year, $32,800. 5. September 15 Pay utilities of $6,600 from 2020 (prior year). 6. November 24 Receive cash in advance from customers, $9,600. 7. December 30 Pay $2,800 cash dividends to stockholders. The following information is available for the adjusting entries. Depreciation for the year on the machinery is $7,600. Plumbing supplies remaining on hand at the end of the year equal $1,200. Of the $9,600 paid in advance by customers, $6,800 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $6,200. Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Date General Journal Dobit Credit January 24 Cash 19,000 Accounts Receivable 64,000 Service Revenue 83,000 March 13 52,000 Accounts Receivable 52,000 May 06 12,000 Common Stock 12,000 June 30 Salaries Expense 32,800 Cash 32,800 September 15 Utilities Payable 6,600 Cash 6,600 1- 2 3 4 5 Cash Cash Menit >> 33 www 6 7 8 9 10 11 12 13. 14 November 24 December 30 December 31 December 31 December 31 December 31 December 31 December 31 December 31 Cash Deferred Revenue Dividends Cash Depreciation Expense Accumulated Depreciation Supplies Expense Supplies Deferred Revenue Service Revenue Utilities Expense Utilities Payable No Journal Entry Required No Journal Entry Required No Journal Entry Required 33 33 33 33 33 X X 9,600 2,800 7,600 2,200 6,800 6,200 S 9,600 2,800 7,600 2,200 6,800 6,200 S 3 S