Question: i need help answering this part. Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The


Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The following is a summary of the transactions for the year: 1. March 12 Provide services to cuntomere, 553,000 , of which $20,300 is on account. 2. May 2 Collect on accounts receivable, $17,300. 3. June 30 Issue shares of comson stock in exchange for $5,000 cash. 4. Auqust 1 Pay malaries of $5,600 from 2020 (prior year). 5. Septeaber 25 pay repairn and maintenance expensen, $12,300. 6. october 19 Purchase equipasent for $7,300 cash. 7. December 30 Pay $1,000 eash dividends to atockholders. Required: 1., 3., 6, \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Accounts Receivabio Retained Earnings Required information Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: The following is a summary of the transactions for the year: 1. March 12 Provide services to cuntomere, 553,000 , of which $20,300 is on account. 2. May 2 Collect on accounts receivable, $17,300. 3. June 30 Issue shares of comson stock in exchange for $5,000 cash. 4. Auqust 1 Pay malaries of $5,600 from 2020 (prior year). 5. Septeaber 25 pay repairn and maintenance expensen, $12,300. 6. october 19 Purchase equipasent for $7,300 cash. 7. December 30 Pay $1,000 eash dividends to atockholders. Required: 1., 3., 6, \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Accounts Receivabio Retained Earnings Required information
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