The trial balance of Pacilio Security Services, Incorporated as of January $1,$ Year $3,$ had the following normal balances:

Cash $$8,900$

Accounts Receivable $1,500$

Supplies $65$

Prepaid Rent $800$

Land $4,000$

Accounts Payable $1,050$

Unearned Revenue $200$

Salaries Payable $1,200$

Notes Payable $2,000$

Common Stock $8,000$

Retained Earnings $2,815$

During Year $3,$ Pacilio Security Services experienced the following transactions:

Paid the salaries payable from Year $2.$

Paid the balance of $$2,000$ on the debt owed to the Small Business Government Agency. The loan is interest$-$free.

Performed $$32,000$ of security services for numerous local events during the year; $$21,000$ was on account and $$11,000$ was for cash.

On May $1,$ paid $$3,000$ for $12$ months$$ rent in advance.

Purchased supplies on account for $$700.$

Paid salaries expense for the year of $$9,000.$

Incurred other operating expenses on account, $$4,200.$

On October $1,$ Year $3,$ a customer paid $$1,200$ for services to be provided over the next $12$ months.

Collected $$19,000$ of accounts receivable during the year.

Paid $$5,950$ on accounts payable.

Paid $$1,800$ of advertising expenses for the year.

Paid a cash dividend to the shareholders of $$4,650.$

The market value of the land was determined to be $$5,500$ at December $31,$ Year $3.$

Adjustments

There was $$120$ of supplies on hand at the end of the year.

Recognized the expired rent.

Recognized the earned revenue from Year $2$ and transaction number $8.$

Accrued salaries were $$1,000$ at December $31,$ Year $3.$

General Journal tab $-$ Prepare the journal entries to record transactions $(1)$ through $(13).$ Then prepare the necessary adjusting entries $(14)$ through $(17)$ to correctly report net income for the period. Then record the closing entries $(18)$ through $(20)$ as of December $31,$ Year $3.$

General Ledger tab $-$ Each journal entry is posted automatically to the general ledger.

Trial Balance tab $-$ The ending balance values from the General Ledger tab flows through to the Trial Balance tab.

Income Statement tab $-$ Use the drop$-$down to select the accounts properly included on the income statement.

Statement of Changes in Stockholders' Equity tab $-$ Prepare the statement of changes in stockholders$$ equity for the year ended December $31,$ Year $3.$

Balance Sheet tab $-$ Prepare a classified Balance Sheet at December $31,$ Year $3.$

Statement of Cash flows $-$ Prepare the statement of cash flow for year ended December $31,$ Year $3.$

Analysis tab $-$ Use a horizontal statements model to show how each transaction affects the balance sheet, income statement, and statement of cash flows.