The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals Debits Credits $16,500 7,300 3,300 11,500 $ 3,600 5,600 21,500 7,900 $38,600 $38,600 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $53,000, of which $20,300 is on account. 2. May 2 Collect on accounts receivable, $17,300. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $5,600 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,300. 6. October 19 Purchase equipment for $7,300 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. View transaction list View journal entry worksheet X: 1 Record the adjusting entry for salaries. Accrued salaries at year-end amounted to $19,500. 2 Record the adjusting entry for depreciation, $4,300. 3 Record the adjusting entry for supplies. Supplies remaining on hand at the end of the year equal $1,000. 11. Prepare a post-closing trial balance, X Answer is complete but not entirely correct. Credit RED STORM CLEANERS Post-Closing Trial Balance December 31, 2021 Accounts Debit Cash $ 45,300 Accounts Receivable 10,300 Supplies 1,000 Equipment 18,800 Accumulated Depreciation Salaries Payable Retained Earnings Dividends $ 7,900 19,500 26,500 X 21,500 Totals $ 75,400 $ 75,400