GL $2-10($Algo$)$ Record transactions and prepare adjusting entrles, adjusted trial balance, financial statements, and closing entrles $($LO$2-3,2-4,2-5,2-6,2-7,2-8)$ On January $1,2024,$ Red Flash Photography had the following balances: Cash, $\backslash$$$13,000$; Supplies, $\backslash$$$8,100$; Land, $\backslash$$$61,000$; Deferred Revenue, $\backslash$$$5,100$; Common Stock $\backslash$$$51,000$; and Retained Earnings, $\backslash$$$26,000.$ During $2024,$ the company had the following transactions: $1.$ February $15$ Issue additional shares of common stock, $\backslash (\backslash$$ $21,000\backslash ).2.$ May $20$ Provide services to customers for cash, $\backslash (\backslash$$ $36,000\backslash ),$ and on account, $\backslash (\backslash$$ $31,000\backslash ).3.$ August $31$ Pay salaries to employees for work in $2024,\backslash (\backslash$$ $24,000\backslash ).4.$ October $1$ Purchase rental space for one year, $\backslash (\backslash$$ $13,000\backslash ).5.$ November $17$ Purchase supplies on account, $\backslash (\backslash$$ $23,000\backslash ).6.$ December $30$ Pay dividends, $\backslash (\backslash$$ $2,100\backslash ).$ The following information is available on December $31,2024$: $1.$ Employees are owed an additional $\backslash (\backslash$$ $4,100\backslash )$ in salaries. $2.$ Three months of the rental space have expired. $3.$ Supplies of $\backslash (\backslash$$ $5,100\backslash )$ remain on hand. All other supplies have been used. $4.$ All of the services associated with the beginning deferred revenue have been performed. Statement of SE Balance Sheet Using the dropdown buttons, select the item that accurately describes the values that either increase or decrease the balance indicated. The unadjusted, adjusted, or post$-$closing balances will appear for each account, based on your selection.Common StockRetained EarningsTotal Stockholders' Equity