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Saved Help S. Required information No Date General Jourmal Debit Credit 1 March 12 Cash 37,200 Accounts Receivable 20,800 Ser

Saved Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balanc

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mheducation.com Saved Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the followin

View transaction list Journal entry worksheet < 1 2. 3 Record the adjusting entry for salaries. Accrued salaries at year-end

Saved Required information The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balanc

mheducation.com Saved Required information Credit RED STORM CLEANERS Adjusted Trial Balance December 31, 2021 Accounts Debit

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Required information View transaction list Journal entry worksheet 1 2 3 > Record the closing entry for expenses. Note: Enter

Required information View transaction list 7 Journal entry worksheet 1 2. 3 5:25 Record the closing entry for cash dividends.

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Saved Required information RED STORM CLEANERS Post-Closing Trial Balance December 31, 2021 f7 Accounts Debit Credit 15:02 S 0

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Answer #1

The journal entry solved is all correct which is why I have not solved it again. Please refer to the following images for remaining part of the solution.

1. Unadjusted Trial Balance

Page! Red Storme Cleaners Un ac urted to December 31, 2021 Tual balance Sebito Credis 60 lash (19000 + 37200 + 17800 + 4000€

Adjusted journal entries

Adjusting for anot entou Pages Sl.Na Deluule Debita 1. December 31, ale ДА 19400 Salaoues expenses to bala rues peegable ale

Adjusted Trial balance

Pages Red sheam Cleaneus dejusted louett Polence December 31, 202) Credit Debuts cash 49600 scalimts Recewable 10800 1260 218

Income statement

Page 4 Red Stoam Cleaneas Income Sulement for the year ended December 31, 2021 58000 Seannie Revenue A widend (200) GJ Eupene

Closing entries

Mouny clasing enious fon Rerewe Debido Credio December Sporo sy, ou Seowai kercenue al 59000 to low heraunid lamangs ele 1 ③

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