The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances:

Accounts	Debits				Credits
Cash	$	3,850
Accounts Receivable		8,850
Supplies		2,850
Equipment		23,000
Accumulated Depreciation					$	5,400
Accounts Payable						3,400
Utilities Payable						4,400
Deferred Revenue						0
Common Stock						16,500
Retained Earnings						8,850
Totals	$	38,550			$	38,550

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

1.		January		24		Provide plumbing services for cash, $13,500, and on account, $58,500.
2.		March		13		Collect on accounts receivable, $46,500.
3.		May		6		Issue shares of common stock in exchange for $11,000 cash.
4.		June		30		Pay salaries for the current year, $31,700.
5.		September		15		Pay utilities of $4,400 from 2020 (prior year).
6.		November		24		Receive cash in advance from customers, $7,400.
7.		December		30		Pay $1,700 cash dividends to stockholders.

The following information is available for the adjusting entries.

Depreciation for the year on the machinery is $5,400. Plumbing supplies remaining on hand at the end of the year equal $1,100. Of the $7,400 paid in advance by customers, $5,700 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $7,300.

No	Date	General Journal	Debit	Credit
1	January 24
	/ = do not write in this field
	/
	/
2	March 13
	/
3	May 06
	/
4	June 30
	/
5	September 15
	/
6	November 24
	/
7	December 30
	/
8	December 31
	/
9	December 31
	/
10	December 31
	/
11	December 31
	/
12	December 31
	/
13	December 31
	/
14	December 31

Pipers Plumbing
Trial Balance
December 31, 2021
Account Title	Debit	Credit
Cash
Accounts Receivable
Supplies
Equipment
Accumulated Depreciation
Accounts Payable
Utilities Payable
Common Stock
Retained Earnings
Dividends
Service Revenue
Depreciation Expense
Supplies Expense
Salaries Expense
Utilities Expense
Total

Pipers Plumbing
Income Statement
For the Year Ended December 31, 2021
Revenues:	--------------	--------------
Total Revenues
Expenses:
Total expenses

Pipers Plumbing
Balance Sheet
December 31, 2021
Assets	-------	Liabilities	-----
Current Assets:		Current Liabilities:
Cash		Utilities Payable
Accounts Receivable		Accounts Payable
Supplies		Deferred Revenue
Equipment		Rent Expense
Dividends		Total Current Liabilities
		Stockholder's Equity
Total Current Assets		Retained Earnings
Long-term Assets:		Common Stock
Additional Paid-in Capital
		Total Stockholder's Equity
Total Assets		Total Liabilities and Stockholders' Equity