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The general ledger of the Karlin Company, a consulting company, at January 1, 2018, contained the following account balances Cash Accounts receivable 3.500 1e,ee0 15,000

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The general ledger of the Karlin Company, a consulting company, at January 1, 2018, contained the following account balances Cash Accounts receivable 3.500 1e,ee0 15,000 Accusulated depreciation Salaries payable Common stock 4, 580 6,009 41,000 Total 58,508 58,589 The following is a summary of the transactions for the year a. Sales of services, $102.000, of which $30.600 was on credit b. Collected on accounts receivable, $22,000. c. Issued shares of common stock in exchange for $7,500 in cash d. Paid salaries, $37,000 (of which $6,000 was for salaries payable) e. Paid miscellaneous expenses, $20.000 f. Purchased equipment for $10,000 in cash g. Paid $2.425 in cash dividends to shareholders 1. Accrued salaries at year-end amounted to $740. 2 Depreciation for the year on the equipment is $1,500. 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 f-accounts 4. Prepare an unadjusted trial balance 6. Prepare an adjusted trial balance. 7-a. Prepare an income statement for 2018 7-b. Prepare a balance sheet as of December 31, 2018. 9. Prepare a post-closing trial balance Complete this question by entering your answers in the tabs below Req 6 Reg 7ARed 78Reg 9 Req 3 Req 4 Req 2 5 and 8 Post the transactions, adjusting and closing entries into the appropriate t-accounts, (Enter the letter of the transaction in the

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