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

Accounts	Debits			Credits
Cash	$	12,000
Accounts Receivable		6,400
Supplies		2,400
Equipment		18,000
Accumulated Depreciation				$	6,200
Salaries Payable					8,700
Common Stock					17,000
Retained Earnings					6,900
Totals	$	38,800		$	38,800

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

1. March 12 Provide services to customers, $44,000, of which $19,400 is on account.
2. May 2 Collect on accounts receivable, $16,400.
3. June 30 Issue shares of common stock in exchange for $6,000 cash.
4. August 1 Pay salaries, $24,400 (of which $8,700 is for salaries payable in 2017).
5. September 25 Pay repairs and maintenance expenses, $11,400.
6. October 19 Purchase equipment for $6,400 cash.
7. December 30 Pay $1,100 cash dividends to stockholders.
8. Accrued salaries at year-end amounted to $1,100. Depreciation for the year on the equipment is $3,400. Office supplies remaining on hand at the end of period.

1. 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..

2. Record each of the summary transactions listed above.

3.Prepare an unadjusted trial balance

4.Record adjusting entries.

5.Prepare an adjusted trial balance

6.Prepare the income statement for the year ended December 31, 2018

7.Prepare the classified balance sheet for the year ended December 31, 2018

8.Record closing entries