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in general journal

The trial balance of Pacilio Security Services Ine. as of January 1, 2013. had the following nomal balances: During 2013. Pacilio Security Services experienced the following transactions: 1. Paid the salaries payable from 2012. 2. Paid the balance of $2,000 on the debt owed to the Small Business Government Agency. The loan is interest free. 3. Performed $32,000 of security services for numerous local events during the year: $21,000 was on account and $11,000 was for cash. 4. On May 1. paid \$3,000 for 12 month' rent in advance. 5. Purchased supplies on account for $700. 6. Paid salaries expense for the year of $9,000. 7. Incurred other operating expenses on account, $4,200. 8. On October 1, 2013, a customer paid \$1,200 for services to be provided over the next 12 months. 9. Collected $19,000 of accounts receivable during the year. 10. Paid $5,950 on accounts payable. 11. Paid $1.800 of advertising expenses for the year. 12. Paid a cash dividend to the shareholders of $4,650. 13. The market value of the land was determined to be $5,500 at December 31,2013. Adjustments 14. There was $120 of supplies on hand at the end of the year. 15. Recognized the expired rent. 16. Recognized the carned revenue from 2012 and transaction no. 8

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