The general ledger of Red Storm Cleaners at January 1, 2015, includes the following account balances:

Accounts	Debits			Credits
Cash	$	20,000
Accounts Receivable		8,000
Supplies		4,000
Equipment		15,000
Accumulated Depreciation				$	5,000
Salaries Payable					7,500
Common Stock					25,000
Retained Earnings					9,500
Totals	$	47,000		$	47,000

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

a.	Sales of services, $60,000, of which $21,000 is on account.
b.	Collect on accounts receivable, $18,000.
c.	Issue shares of common stock in exchange for $6,000 cash.
d.	Pay salaries, $26,000 (of which $7,500 is for salaries payable in 2014).
e.	Pay repairs and maintenance expenses, $13,000.
f.	Purchase equipment for $8,000 cash.
g.	Pay $1,100 cash dividends to stockholders.

5. Record adjusting entries. Accrued salaries at year-end amounted to $1,000. Depreciation for the year on the equipment is $3,500. Office supplies remaining on hand at the end of the year equal $1,200. (lf no entry is required for a particular transaction/event, select "No journal entry required" in the first account field view transa transaction list Journal E 1. Record the adjustment for salaries. 2. Record the adjustment for depreciation. 1 2 3 Recon 3. Record the adjustment for supplies. Transac journal entry has been entered do