Question: Please read carefully ( i need help ) The general ledger of the Karlin Company, a consulting company, at January 1 , 2 0 2

Please read carefully ( i need help )The general ledger of the Karlin Company, a consulting company, at January 1,2024, contained the following account balances:Account TitleDebitsCreditsCash$ 29,900 Accounts receivable16,000 Equipment27,000 Accumulated depreciation $ 8,100Salaries payable 9,000Common stock 47,000Retained earnings 8,800Total$ 72,900$ 72,900The following is a summary of the transactions for the year:Provided services, $126,000, of which $37,800 was on account and the balance was received in cash.Collected on accounts receivable, $25,600.Issued shares of common stock in exchange for $14,000 in cash.Paid salaries, $46,000(of which $9,000 was for salaries payable at the end of the prior year).Paid miscellaneous expense for various items, $24,800.Purchased equipment for $16,500 in cash.Paid $3,050 in cash dividends to shareholders.Additional information:Accrued salaries at year-end amounted to $920.Depreciation for the year on the equipment is $2,700.Required Using the T-account balances, prepare an unadjusted trial balance.5. Prepare adjusting journal entries using the additional information provided. Post to the T-accounts (on the T-accounts tab).6. Using the adjusted T-account balances, prepare an adjusted trial balance.7-a. Prepare an income statement for 2024.7-b. Prepare a balance sheet as of December 31,2024.8. Prepare closing entries, and then post to the T-accounts (on the T-accounts tab).9. Prepare a post-closing trial balance.

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