The following transactions pertain to Chef Training Company for 2013: 

Jan. 30 Established the business when it acquired $37,500 cash from the issue of common stock. 

Feb. 1 Paid rent for office space for two years, $12,000 cash. 

Apr. 10 Purchased $2,650 of supplies on account. 

July 1 Received $25,000 cash in advance for services to be provided over the next year. 

20 Paid $900 of the accounts payable from April 10. 

Aug. 15 Billed a customer $16,000 for services provided during August. 

Sept. 15 Completed a job and received $9,500 cash for services rendered. 

Oct. 1 Paid employee salaries of $10,000 cash.

15 Received $12,500 cash from accounts receivable. 

Nov. 16 Billed customers $37,000 for services rendered on account. 

Dec. 1 Paid a dividend of $18,500 cash to the stockholders. 

31 Adjusted records to recognize the services provided on the contract of July 1. 

31 Recorded $2,250 of accrued salaries as of December 31. 

31 Recorded the rent expense for the year. (See February 1.) 

31 Physically counted supplies; $240 was on hand at the end of the period.

Required: 

a. Record the preceding transactions in the general journal. 

b. Post the transactions to T-accounts and calculate the account balances. 

c. Prepare a trial balance.

d. Prepare the income statement, statement of changes in stockholders equity, balance sheet, and statement of cash flows. 

e. Prepare the closing entries at December 31. 

f. Prepare a trial balance after the closing entries are posted.