value 11.50 points On January 1, 2018, Red Flash Photography had the following balances: Cash $26,000; Supplies, $9,400; Land, $74,000; Deferred Revenue, $6,400; Common Stock $64,000; and Retained Earnings, $39,000. During 2018, the company had the following transactions: (Do not round intermediate calculations and round your final answers to the nearest whole dollar.) 1. February 15 Issue additional shares of common stock, $34,000 2. May 20 Provide services to customers for cash, $49,000, and on account, $44,000 3. August 31 Pay salaries to employees for work in 2018, $37,000 4. October 1 Purchase rental space for one year, $26,000 5. November 17 Purchase supplies on account, $36,000 6. December 30 Pay dividends, $3,400 The following information is available on December 31, 2018 7. Employees are owed an additional $5,400 in salaries 8. Three months of the rental space has expired 9. Supplies of $6,400 remain on hand 10. All of the services associated with the beginning deferred revenue have been performed General Trial Balance Statement Income Statement of Balance Sheet Requirement ournal SE The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. Adjusted