Tom Zopf owns and manages a computer repair service, which had the following trial balance on December 31, 2021 (the end of its fiscal year). Sunland Company Trial Balance December 31, 2021 Debit Credit Cash $ 8,700 Accounts Receivable 15,400 Supplies 13,200 Prepaid Rent 1,900 Equipment 20,800 Accounts Payable $18,200 Common Stock 31,300 Retained Earnings 10,500 $60,000 $60,000 Summarized transactions for January 2022 were as follows. 1. Advertising costs, paid in cash, $1,190. 2. Additional supplies acquired on account $3,720. 3. Miscellaneous expenses, paid in cash, $1,560. 4. Cash collected from customers in payment of accounts receivable $12,180. 5. Cash paid to creditors for accounts payable due $12,930. 6. Repair services performed during January: for cash $6,700; on account $9,380. 7. Wages for January, paid in cash, $2,330. 8. Dividends during January were $2,560. Instructions
Open T-accounts for each of the accounts listed in the trial balance, and enter the opening balances for 2015.