The general ledger of Red Storm Cleaners at January 1, 2024, includes the following account balances:

Cash: debit$ 20,000

Accounts receivable: $8000

Supplies: debit $4000

Equipment: debit $15,000

Accumulated depreciation credit $5000

Salaries payable: credit $7500

Common stock: credit $25,000

Retained earnings: credit $9500

Totals for debits and credits equal $47,000

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

1. March 12 provide services to customers, $60,000, of which $21,000 is on account

2. May 2 collect on accounts receivable, $18,000

3. June 30 issue shares of common stock in exchange for $6000 cash

4. August 1 pay salaries of $7500 from 2023 (prior year)

5. September 25 pay repairs and maintenance expenses, $13,000

6. October 19 purchase equipment for $8000 cash

7. December 30 pay $1100 cash dividends to stockholders

Required: 2. Record each of the summary transactions listed above. 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is $5,000. Office supplies remaining on hand at the end of the year equal $1,200. 7. Prepare an adjusted trial balance. 8-a. Prepare the income statement for the year ended December 31, 2024. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. 9. Record closing entries. 1., 3., 6., & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. 11. Prepare a post-closing trial balance.

Prepare an adjusted trial balance. Complete this question by entering your answers in the tabs below. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal field.) Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, select Required" in the first account fieid.) Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Ent field.) Journal entry worksheet Complete this question by entering your answers in the tabs below. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Rec field.) Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. The general ledger of Red Storm Cleaners at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. Mareh 12 2. May 2 3. June 30 4. Auguat 1 Pay balaries of $7,500 from 2023 (prior year). 6. October 25 Pay repairn and maintenance expenses, $13,000, 7. Decomber 19 Durchase equipment for $8,000 cash. 7. December 30 Pay $1,100 cash dividends to stockholders. Required: 2. Record each of the summary transactions listed above. 4. Prepare an unadjusted trial balance. 5. Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is $5,000 Office supplies remaining on hand at the end of the year equal $1,200. 7. Prepare an adjusted trial balance. 8-a. Prepare the income statement for the year ended December 31, 2024 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. 9. Record closing entries. 1., 3., 6., \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Prepare an unadjusted trial balance. Prepare the income statement for the year ended December 31, 2024. Complete this question by entering your answers in the tabs below. Prepare the classified balance sheet for the year ended December 31, 2024. (Amounts to be deducted should be indicated by a mi sign.) Record adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipmer Office supplies remaining on hand at the end of the year equal $1,200. (If no entry is required for a particular transactic "No Journal Entry Required" in the first account field.) \begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{2}{c}{ Depreciation Expense } & Supplies Expense \\ \hline Beginning Balance & & & \\ \hline & & & \\ \hline \end{tabular}