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Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: CrRequired: 1., 3., 6., & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to includCommon Stock Retained Earnings Beg. Bal. Beg. Bal. End. Bal. End. Bal. Service Revenue Dividends Beg. Bal. Beg. Bal. End. Bal

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Cash
Beg. bal. $12,500   
Mar 12 Provide service to customers $25,500      
may 2 Collect on account receivable $16,500
Jun 30 Issue shares of common stock $5000
Aug 1 pay salary of prior year $8500
Sep 25 pay repair & maintenance exp. $11,500
Oct 19 Equipment purchased $6,500
Dec 30 pay dividend to stock holders $1,000
End.Bal. $32000 debit bal

  

Accounts receivable
Beg bal. $6500
Mar 12 Provide service on account $19,500
May 2 collect on account receivable $16,500
End bal $9500 debit bal
Supplies
Beg Bal. $2,500
Mar 12 provide service to customer $45,000
End bal. $47,500      

Equipment

Beg Bal $17,500
Oct 19 Equipment purchased $6,500
End bal. $24,000
Accumulated Depreciation
Beg. bal    $6,0000
Oct 19 Equipment purchase
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