xtra Credi Comprehensive Problem The trial balance of Pacilio Security Services, Inc. as of January 1, Year 3, had the following normal bulance: t $8.900 1500 65 300 Cash Accounts Receivable Supplies Prepaid Rent Land Accounts Payable Unearned Revenue Salaries Payable Notes Payable Common Stock Retained Earings 4,000 1.050 200 1200 2.000 3,000 2,815 During Yes 3, Pacilio Security Services experienced the following transactions 1. Peid the series payable from Year 2. 2. Paid the balance of 52,000 on the debt owed to the Small Busines Government Agency. The loss is interesse. 3. Performed $32,000 of security services for metro local events during the year: 521,000.cn account and 511,000 cash 4. On May 1, paid $3,000 for 12 months' rent in advance 5. Purchased supplies on account for $700. 6. Peid salaries expense for the year of 59.000 7. Incursed other operating expenses occount 54.200 8. On October 1, Year 3, a customer paid $1.200 for services to be provided over the next 12 months 9. Collected 519,000 of accounts receivable during the year 10. Paid $5.950 on accounts payable. 11. Paid $1,800 of advertising expenses for the your 12. Paid cash dividend to the shareholders of 54,650 13. The market value of the land was determined to be 55,500 at December 31, Year 3. Adjustments 14. There was $120 of supplies on hand at the end of the year 15. Recognised the expedient 16. Recognized the earned revenue from Year 2 and transaction no. 17. Accrued salaries were $1.000 at December 31. Year 3. Required 2. Record the above transactions in general journal form. Page 211 b. Post the transactions to T-accounts and determine the account balances 6. Prepare a trial balance d. Prepare an income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for liter 3. e. Prepare the closing entries and post to the T-accounts 1. Prepare a post-closing trial balance 8:43 6