The general ledger of the Karlin Company, a consulting company, at January 1,2024 , contained the following account balances The following is a summary of the transactions for the year: a. Provided services, $122,000, of which $36,600 was on account and the balance was received in cash. b. Collected on accounts recelvable, $25,000. c. Issued shares of common stock in exchange for $13,000 in cash. d. Paid salaries, $44,500 (of which $8,500 was for salaries payable at the end of the prior year). e. Paid miscellaneous expense for various items, $24,000. f. Purchased equipment for $15,500 in cash. g. Paid $2,950 in cash dividends to shareholders. Additional information: h. Accrued salaries at year-end amounted to $890. 1. Depreciation for the year on the equipment is $2,500. Required: 1 to 3. Prepare a general journal entry for each of the, summary transactions listed. Record beginning balances in the T-accounts the T-accounts tab). Post the journal entries to the T-accounts. 4. Using the T-account balances, prepare an unadjusted trial balance. 5. Prepare adjusting journal entries using the additional information provided. Post to the T-accounts (on the T-accounts tab). 6. Using the adjusted T-account balances, prepare an adjusted trial balance. 7-a. Prepare an income statement for 2024. 7-b. Prepare a balance sheet as of December 31, 2024. 8. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab). 9. Prepare a post-closing trial balance. Note: Amounts to be deducted should be indicated by a minus sign. Journal entry worksheet Record the entry to close the revenue accounts using the retained earnings account. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense accounts using the retained earnings account. Note: Enter debits before credits. Journal entry worksheet 1 Record the entry to close the dividends account. Note: Enter debits before credits