Problem 3-8B Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (The following information applies to the questions displayed below.) The general ledger of Pipers Plumbing at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $ 4,300 Accounts Receivable 9,300 Supplies 3,300 Equipment 32,000 Accumulated Depreciation $ 7,200 Accounts Payable 5,200 Utilities Payable 6,200 Deterred Revenue 0 Common Stock 21,000 Retained Earnings 9,300 Totals $ 48,900 $48,900 4. June The following is a summary of the transactions for the year: 1. January 24 Provide plumbing services for cash, $18,000, and on account, $63,000. 2. March 13 Collect on accounts receivable, $51,000. 3. May 6 Issue shares of common stock in exchange for $10,000 cash. 30 Pay salaries for the current year, $32,600. 5. September 15 Pay utilities of $6,200 from 2020 (prior year). 6. November 24 Receive cash in advance from customers, $9,200. 7. December 30 pay $2,600 cash dividends to stockholders. The following information is available for the adjusting entries. Depreciation for the year on the machinery is $7,200. Plumbing supplies remaining on hand at the end of the year equal $1,000. Of the $9.200 paid in advance by customers. $6,600 of the work has been completed by the end of the year. Accrued utilities at year-end amounted to $6,400. 4. Prepare an unadjusted trial balance. PIPERS PLUMBING Unadjusted Trial Balance December 31, 2021 Debit Accounts Credit k ces Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Accounts Payable Utilities Payable Deferred Revenue Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Utilities Expense Supplies Expense Depreciation Expense Totals $ 0 0