value: 3.75 points Problem 3-8A Part 7 7. Prepare an adjusted trial balance. RED STORM CLEANERS Adjusted Trial Balance December 31, 2018 ccounts Cash Accounts receivable Supplies Equipment Accumulated depreciation Salaries payable Common stock Retained earnings Dividends Service revenue Salaries expense Repairs and maintenance expense Depreciation expense Supplies expense Debit Credit Totals 0 The general ledger of Red Storm Cleaners at January 1, 2018, includes the following account balances: Debits Credits $12,500 Cash Accounts Recelvable Supplies 6,500 2,500 Accumulated Depreciation Salaries Payable Common Stock Retained Earnings $ 6,000 8500 17500 7000 Totals $39,000 $39,000 The following is summary of the transactions for the year. a. March 12 Provide services to customers, $45,000, of which $19,500 is on account b. May 2 Collect on accounts recelvable, $16,500 c. June 30 Issue shares of common stock in exchange for $5,000 cash. d. August 1 Pay salaries, $24,500 (of which $8,500 is for saleries peyable in 2017) e. September 25 Pay repairs and maintenance expenses, $1,500 t October 19 Purchase equipment for $6,500 cash g. December 30 Pay $1,000 cash dividends to stockholders h. Accrued salaries at year-end amounted to $1,000. Depreciation for the year on the equipment is $3,500. Office supples remaining on hand at the end of the year equal $1.200