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th I th 1171 eturnUrl : https%3A%2F%2F connec Check my work mode : This shows what is correct or incorrect for the worky 12 Required information Problem 3-8A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances Part 4 of 8 10 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Debits credits $20,800 8.000 4,000 15,860 s 5,e80 ,500 25,000 g 500 $47,088 $47,88e Totals The following is a summary of the transactions for the year 1. March12 Provide services to customers, s6e,e00, of which $21,e09 is on account. 2. Hay 3. June 2 Collect on accounts receivable, $18,888. 3e Issue shares of common stock in exchange for $6,e00 cash. Pay salaries of $7,508 from 2028 (prior year). 4. August 1 s 5. September 25 Pay repairs and maintenance expenses, $13,e00. 6. October 19 Purchase equipment for $8,e00e cash. . December 38 Pay $1,100 cash dividends to stockholders. Problem 3-8A Part 7 ora Problem 3-8A Part 7 10 Adjusted Trial Balance 34,900 9,500 1.100 13.000 110.500