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The following transactions pertain to Smith Training Company for Year 1:

Jan.	30		Established the business when it acquired $53,000 cash from the issue of common stock.
Feb.	1		Paid rent for office space for two years, $15,300 cash.
Apr.	10		Purchased $840 of supplies on account.
July	1		Received $29,500 cash in advance for services to be provided over the next year.
	20		Paid $630 of the accounts payable from April 10.
Aug.	15		Billed a customer $10,100 for services provided during August.
Sept.	15		Completed a job and received $3,100 cash for services rendered.
Oct.	1		Paid employee salaries of $34,500 cash.
	15		Received $8,500 cash from accounts receivable.
Nov.	16		Billed customers $31,000 for services rendered on account.
Dec.	1		Paid a dividend of $1,300 cash to the stockholders.
	31		Adjusted records to recognize the services provided on the contract of July 1.
	31		Recorded $2,450 of accrued salaries as of December 31.
	31		Recorded the rent expense for the year. (See February 1.)
	31		Physically counted supplies; $50 was on hand at the end of the period.

SOLUTION TO A. AND B.

c. Prepare a trial balance. (Round your final answers to the nearest whole dollar amount.) SMITH TRAINING COMPANY Trial Balance December 31, Year 1 Account Titles Debit Credit Totals Requirec a. Record the preceding transactions in the general journal, in the given order. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete and correct. No Date Jan 30 Cash General Journal Debit Credit 53 Common stock Feb 01Prepaid rent 15 Cash 15 Apr 10 Supplies Accounts payable Jul 01 Cash 29 Unearned revenue 29 Jul 20 Accounts payable Cash Aug 15 Accounts receivable 10,1 Service revenue 10,1 Sep 15 Cash Service revenue 01 Salaries expense 34 Cash 15 Cash Accounts receivable Nov 16 Accounts receivable Service revenue Dec01 Dividends Cash Dec 31Unearned revenue Service revenue 14,7 14,7 13 Dec 31 Salaries expense Salaries payable Dec 31 Rent expense .01 Prepaid rent 15 Dec 3Supplies expense b. Post tne transactions to T-accounts and calculate the account balances. (Round your answers to the nearest whole dollar amount.) Re Beg. Bal Beg. Bal End. Bal 29,500 End. Bal 41,530 Beg. Bal Beg. Bal End. Bal End. Bal Beg. Bal Beg. Bal End. Bal 29,500 Beg. Bal Beg. Bal End. Bal 450 End. Bal Beg. Bal Beg. Bal End. Bal End. Bal 41,100 Beg. Bal Beg. Bal End. Bal End. Bal 36,950 Beg. Bal End. Bal

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