The general ledger of Plastic Plumbing at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. January 24 Provide pluabing nervices for cash, $17,000, and on account, $62,000. 2. March 13 Collect on accounts recelvable, $50,000. 3. May 5 Issue shares of connon stock in exchange for $11,000cash. 4. June 30 Fay salaries for the current year, $32,400. 5. Septenber 15 pay utilities of $5,800 fron 2023 (prior year). 6. Novenber 24 Receive cash in advance trom custoners, $8,800. 7. December 30 Pay $2,400 eash dividends to stoekholders. The following information is available for the adjusting entries. Depreciation for the year on the machinery is $6,800. Plumbing supplies remaining on hand at the end of the year equal $1,100. Of the $8,800 paid in advance by customers, $6,400 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $6,600. Journal entry worksheet (1) 6) 7 Journal entry worksheet (1) . 6 7 14 Record the adjusting entry for revenue earned. Of the $8,800 paid in advance by customers, $6,400 of the work has been completed by the end of the year. Note: Enter debits before credits. Journal entry worksheet (1) 6 (7) 9 14 Record the adjusting entry for accrued utilities. Accrued utilities at year-end amounted to $6,600. Note: Enter debits before credits. Record the closing entry for revenue. Note: Enter debits before credits. Journal entry worksheet