The general ledger of the Karlin Company, a consulting company, at January 1, 2021, contained the following account balances: Credits Debits 33,200 10,500 16,000 Account Title Cash Accounts receivable Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Total 4,800 6,250 41,500 7,150 59,700 59,700 The following is a summary of the transactions for the year a. Service revenue, $104.000, of which $31,200 was on account and the balance was received in cash. b. Collected on accounts receivable, $22,300. c. Issued shares of common stock in exchange for $8.000 in cash. d. Paid salaries. $37,750 (of which $6,250 was for salaries payable at the end of the prior year) e. Paid miscellaneous expense for various items. $20.400. f. Purchased equipment for $10.500 in cash. g. Paid $2.475 in cash dividends to shareholders. 1. Accrued salaries at year-end amounted to $755. 2. Depreciation for the year on the equipment is $1.600. 2F%252Fnew... Saved Help Save & Exi Required: 2., 5, & 8. Prepare the summary, adjusting and closing entries for each of the transactions listed. 3. Post the transactions, adjusting and closing entries into the appropriate t-accounts. 4. Prepare an unadjusted trial balance. 6. Prepare an adjusted trial balance, 7-a. Prepare an income statement for 2021 7-b. Prepare a balance sheet as of December 31, 2021 9. Prepare a post-closing trial balance. Complete this question by entering your answers in the tabs below. Reg 2 5 and 8 Reg 3 Reg4 Reg 6 Reg 74 Reg 78 Reg 9 Prepare the summary, adjusting and closing entries for each of the transactions listed. If no entry is required for a transaction/event, select "No journal entry required in the first account field. View transaction list Journal entry worksheet 2 3 4 5 7 8 12 Sales of services. 5104.000, of which 531,200 was on credit