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The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries

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The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings $ 10,000 6,000 2,000 20,000 $ 7000 9,500 5,000 6,500 Totals $38,000 $38,000 The following is a summary of the transactions for the year: a. March 12 Provide services to customers, $40,000, of which $19,000 is on c. Vune 30 issue shares of common stocikin exchane for $6.000 caish account. 2 Collect on accounts receivable, $16,000. 30 Issue shares of common stock in exchange for $6.000 c. June d. August Pay salaries, $24,000 (of which $9,500 is for salaries payable in 2017). e. September25 Pay repairs and maintenance expenses. $11,000. f. October 19 Purchase equipment for $6,000 cash. g. December 30 Pay $1,200 cash dividends to stockholders The following information is available for the adjusting entries

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