The general ledger of Polymer 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 plumbing services for cash, $14,600, and on account, $59,000. 2. March 13 collect on accounts recetvable, $47,000. 3. May 6 Issue shares of comnon stock in exchange for $10,000 cash. 4. June 30 Pay solarles for the current year, 591,800. 5. September 15 pay utilities of 54 , 6ee from 2023 (prlor year). 6. November 24 Aeceive cash in advance fron custoeers, 57,600 . 7. December 30 pay $1, 300 cash dividends to stockholders. The following information is avallable for the adjusting entries Depreciation for the year on the machinery is $5,600. Plumbing supplies remaining on hand at the end of the year equal $1,000.0 of the $7,600 paid in advance by customers, $5,800 of the work has been completed by the end of the year. Accrued utilies at year-end amounted to $7,200. Prepare the journal entries for transactions. (If no entry is required for a transaction/event, account field.) 1 Record plumbing services provided for cash, $14,000, and on account, $59,000. 2 Record the collection on accounts receivable, $47,000. 3 Record the issuance of shares of common stock in exchange for $10,000 cash. 4 Record the payment of salaries for the current year, $31,800. 5 Record the payment of utilities of $4,600 from 2023. 6 Record the cash received in advance from customers, $7,600. 7 Record payment of $1,800 cash dividends to stockholders. 8 Record the adjusting entry for depreciation. 9 Record the adjusting entry for supplies. 10 Record the adjusting entry for revenue earned. Of the $7,600 paid in advance by customers, $5,800 of the work has been completed by the end of the year. 11 Record the adjusting entry for accrued utilities. Accrued utilities at year-end amounted to $7,200. 12 Record the closing entry for revenue. 13 Record the closing entry for expenses. 14 Record the closing entry for cash dividends