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The general ledger of Blue Highway Cleaners at January 1, 2024, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals The following is a summary of the transactions for the year: 1. March 12 2. May 2 3. June 30 4. August 1 5. September 25 6. October 19 7. December 30 Requirement General Journal Provide services to customers, $44,000, of which $19,400 is on account. Collect on accounts receivable, $16,400. Issue shares of common stock in exchange for $6,000 cash. Pay salaries of $8,700 from 2023 (prior year). Pay repairs and maintenance expenses, $11,400. Purchase equipment for $6,400 cash. Pay $1,100 cash dividends to stockholders. The following information is available for the adjusting entries, Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is $3,400. Office supplies remaining on hand at the end of the year equal $1,000. View transaction list General Ledger Journal entry worksheet Note: Enter debits before credits. Debits $ 12,000 6,400 2,400 18,000 $ 38,800 Date December 31 Retained Earnings Record entry Trial Balance Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Record the entry to close the expense accounts. 9 General Journal Repairs and Maintenance Expense Salaries Expense Supplies Expense Depreciation Expense Clear entry Credits $ 6,200 8,700 17,000 6,900 $ 38,800 10 Income Statement Balance Sheet Dobit 12 13 Credit 11,400 19,600 1,400 View general Journal >

The general ledger of Blue Highway Cleaners at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. Mareh 12 2. May 2 3. June 30 4. Augunt 1 5. September 25 Pay salaries of 60,700 fron 2023 (prior year). 6. September 25 Pay rep-ire and mintenance expenses, $11,400, 6. Decober 19 Perehald equiptent for $6,100cash. 7. Decomber jo Pay $1,100 eakh dividenda to stoekholders. The following information is avallable for the adjusting entries. Accrued salaries at year-end amounted to $19,600. Depreciation for the year on the equipment is $3,400. Olfice supplies remaining on hand at the end of the year equal $1,000. Prepare the journal entries for transactions. (If no entry is required for a transactiorvevent, select "No Journal Entry Required" in the nrst account ficld.) Provide eervicea to cuateners, $44,000, of whleh $19,400 is on account. Collect on aceounte receivable, $16,400. Insue thares of conson atock in exehange for $6,000 cash. Pay salaries of 80,700 fren 2023 fpeler yoer) Wotnil later aebres Denpre creors

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