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  3. 4 prepare an unadjusted trial balance red storm cleaners unadjusted...

Question: 4 prepare an unadjusted trial balance red storm cleaners unadjusted...

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4. Prepare an unadjusted trial balance. RED STORM CLEANERS Unadjusted Trial Balance December 31, 2018 Accounts 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
Problem 3-8A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) IThe following information applies to the questions displayed bewow. 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 6,000 Accumulated Depreclatiorn Salaries Payable Common Stock Retained Eamings 8,500 17500 7000 Totals $39,000 $39,000 The following is a summary of the transections 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 June 30 Issue shares of common stock in exchange for $5,000 cash. d. August 1 Pay salaries, S24,500 (of which $8,500 is for salaries payable in 2017. e. September 25 Pay repairs and maintenance expenses, $11,500 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 supplies remaining on hand at the end of the year equal stao
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