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The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The following is a summary of the transactions for

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The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The following is a summary of the transactions for the year. 1. March 12 Provide services to custoners, 544,603 , of which $19, 4ed is on account. 2. May 2 collect on accounts receivable, $16,449, 3. June 39 issue shares of conron stock in exchange for $6, gae cash. 4. August 1. Pay salaries of $8,760 fron 2626 (prior year). 5. Septenber 25 pay repairs and maintenance expenses, $11,400. 6. October 19 Purchase equipinent for 56,430 cash. 7. De : ber 38 Pay 51,188 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued salarles at year-end amounted to $16,800. Depreciation for the year on the equipment 15$3,400. Office supplies remaining on hand at the end of the year equal $1,000. The following information is avallable for the adjusting entries. Accrued salanies at year-end amounted to $16,800. Depreclation for the year on the equipment is $3,400. Orfice supplies remaining on hand at the end of the year equal $1,000. Choose the appropriate accounts to be reported on the income statement. The unadj. will appear for each account, based on your selection. usted, or post-closing balances

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