The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances:

Accounts	Debits			Credits
Cash	$	19,000
Accounts Receivable		7,800
Supplies		3,800
Equipment		14,000
Accumulated Depreciation				$	4,600
Salaries Payable					6,600
Common Stock					24,000
Retained Earnings					9,400
Totals	$	44,600		$	44,600

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

1. March 12 Provide services to customers, $58,000, of which $20,800 is on account.
2. May 2 Collect on accounts receivable, $17,800.
3. June 30 Issue shares of common stock in exchange for $4,000 cash.
4. August 1 Pay salaries, $25,800 (of which $6,600 is for salaries payable in 2017).
5. September 25 Pay repairs and maintenance expenses, $12,800.
6. October 19 Purchase equipment for $7,800 cash.
7. December 30 Pay $1,200 cash dividends to stockholders.

Accrued salaries at year-end amounted to $1,200. Depreciation for the year on the equipment is $4,800. Office supplies remaining on hand at the end of the year equal $1,100

1., 3. 6. & 10. Enter the unadjusted balances from the trial balance and post the adjusting entries to the T-accounts, and post the closing entries to the T-accounts

Cash Accounts Receivable Beg. Bal 19,000 37,200 17,800 4,000 Beg. Bal 7,800 20,800 6,000 d 19,200 d 12,800 e 7,800 1,200 g 17,800 End. Bal 31,000 End. Bal 10,800 Supplies Equipment Beg. Bal 3,800 Beg. Bal 14,000 2,700 g 7,800 End. Bal 1,100 End. Bal 21,800 Accumulated Depreciation Salaries Payable Beg. Bal 4,600 Beg. Bal 4,800 g 6,600 1,200 7,800 End. Bal 9,400 End. Bal Common Stock Retained Earnings Beg. Bal 24,000 Beg. Bal 4,000 C End. Bal 28,000 End. Bal Service Revenue Dividends Beg. Bal Beg. Bal 37,200 a 20,800 a 52,200 5,800 1,200 End. Bal End. Bal 1,200