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The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounta Cash Accounts Receivable Debits $11,500 6,300 Supplies
The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounta Cash Accounts Receivable Debits $11,500 6,300 Supplies 2,300 Equipment 18,500 Accumulated Depreciation 6,400 Salaries Payable Common Stock ,900 16,500 Retained Earnings Total $38,600 $38,600 The following is a summary of the transactions for the year. 1. March 2. May 3. Jane 4. August 1 . 12 Provide services to customers, 843,000, of which $10,300 in on account 2 Collecs on accounts receivable, $16,300, 30 tasue shares of common stock in exchange for $4,000 cash. 1 Pay salaries of 34,900 from 2020 (prior year). 5. Beptember 25 Pay repairs and maintenance expenses, 11,300. 6. Detober 19 Purchase equipment for $6,300. 7. December 30 Pay $1,200 cash dividende to stockholders. The following information is available for the adjusting entries Accrued salaries at year-end amounted to $16,600. Depreciation for the year on the equipment is $3,300. Office supplies remaining on hand at the end of the year equal $1,100. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Choose the appropriate accounts to be reported on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection.
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