Question: ssignment Saved 0 Required information Problem 3-8A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 37) The general ledger of Red Storm Cleaners at
ssignment Saved 0 Required information Problem 3-8A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 37) The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Suppliers Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings DebitsCredits $20,000 8,000 4,000 15,000 s 5,000 7,500 25,000 9.500 $47,000 $47,000 Totals The following is a summary of the transactions for the year: 1. March 2. May 3. June 4. August 12 Provide services to customers, $60,000, of which $21,000 is on account. 2 Collect on accounts receivable, $18,000. 30 Issue shares of common stock in exchange for $6,000 cash. 1 Pay salaries of $7,500 from 2020 (prior year). eptember 25 Pay ropairs and maintenance expenses, $23,000. 6. October 19 Purchase equipment for $8,000 cash. 7. December 30 Pay $1,100 cash dividends to stockholdera. Problem 3-8A Part 4 4. Prepare an unadjusted trial balance. 10 11 12 16 of 16 Next > Problem 3-8A Part 4 4. Prepare an unadjusted trial balance. RED STORM CLEANERS Unadjusted Trial Balance December 31, 2021 Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends Debit Credit Service Revenue Salaries Expense Repairs and Maintenance Expense Depreciation Expense Supplies Expense Totals
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