Problem $13-34$A $($Algo$)$ Two complete accounting cycles LO $13-1,13-2,13-3,13-4$

$[$The following information applies to the questions displayed below.$]$

Colton Enterprises experienced the following events for Year $1,$ the first year of operation:

Acquired $$41,000$ cash from the issue of common stock.

Paid $$12,600$ cash in advance for rent. The payment was for the period April $1,$ Year $1,$ to March $31,$ Year $2$

Performed services for customers on account for $$84,000.$

Incurred operating expenses on account of $$38,000.$

Collected $$64,500$ cash from accounts receivable.

Paid $$27,000$ cash for salary expense.

Paid $$30,400$ cash as a partial payment on accounts payable.

Adjusting Entries

$8.$ Made the adjusting entry for the expired rent. $($See Event $2.)$

$9.$ Recorded $$3,600$ of accrued salaries at the end of Year $1.$

Events for Year $2$

Paid $$3,600$ cash for the salaries accrued at the end of the prior accounting period.

Paid $$3,600$ cash for the salaries accrued at the end of the prior accounting period.

Performed services for cash of $$33,000.$

Purchased $$3,400$ of supplies on account.

Paid $$12,300$ cash in advance for rent. The payment was for one year beginning April $1,$ Year $2$

Performed services for customers on account for $$100,000.$

Incurred operating expenses on account of $$47,500.$

Collected $$95,000$ cash from accounts receiv$$ble$.$

Paid $$45,000$ cash as a partial payment on accounts payable.

Paid $$32,100$ cash for salary expense.

Paid a $$15,000$ cash dividend to stockholders.

Adjusting Entries

$11.$ Made the adjusting entry for the expired rent. $($Hint$.$ Part of the rent was paid in Year $1.)$

$12.$ Recorded supplies expense. A physical count showed that $$750$ of supplies were still on hand.

Problem $13-34$A $($Algo$)$ Part a

Required

a$.$ Record the events and adjusting entries for Year $1$ in general journal form. $($Do not round intermediate calculations. If no entry is