Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2021 (the end of its fiscal year). Sheridan Company Trial Balance December 31, 2021 Debit Credit Cash $8,400 Accounts Receivable 15,600 Supplies 13,100 Prepaid Rent 4,000 Equipment 19,800 Accounts Payable $19,400 Common Stock 30,000 Retained Earnings 11,500 $60,900 $60,900 Summarized transactions for January 2022 were as follows. 1. + Advertising costs, paid in cash, $1,100. 2. Additional supplies acquired on account $3,510. Miscellaneous expenses, paid in cash, $1,720. 3. 4. Cash collected from customers in payment of accounts receivable $12,660. 5. Cash paid to creditors for accounts payable due $12,600. 6. Repair services performed during January: for cash $6,350; on account $9,250. 7. Wages for January, paid in cash, $2,010. Dividends during January were $2,700. Sheridan Company Trial Balance -64 Totals 60 $ Debit 69 Credit