The general ledger of the Karlin Company, a consulting company, at January 1, 2024, contalned the following account balances The following is a summary of the transactions for the year a. Ptovided services, $106,000, of which $31,800 was on account and the batance was recelved in cash. b. Collected on accounts receivable, $22,600. c. Issued shares of common stock in exchange for $8,500 in cash. d. Paid salarles, $38,500 (of which $6,500 was for salanes payable at the end of the prior year) e. Paid miscellaneous expense for various rems, $20,800 f. Purchased equipment for $11,000 in cash. g. Paid $2,525 in cash dividends to shareholders. Addrtional information: h. Accrued salarles at year-end amounted to $770 1. Depreciation for the year on the equipment is $1,700 Required: 1 to 3. Prepare a general journat entry for each of the summary transactions listed. Record beginning balances in the T-accounts (on the T-accounts tab). Post the joumal entrles to the T-accounts 4. Using the Traccount balances, prepare an unadjusted thal baiance 5. Prepare adjusting joumal entries using the additional information provided. Post to the T-accounts (on the T-accounts tab). 6. Using the adjusted Taccount balances, prepare an adjusted trial balance. 7-0. Prepare an income statement for 2024 7.b. Prepare a balance sheet as of December 31, 2024 a. Prepare closing entres, ond then post to the T-accounts (on the T-accounts tab). 9. Prepore a post-closing trial batance