Sales of services, $100,000, of which $30,000 was on credit.collected on accounts receivable, $27,300.issued shares of common stock in exchange for $10,000 in cash.paid salaries, $50,000 (of which $9,000 was for salaries payable).paid miscellaneous expenses, $24,000.purchased equipment for $15,000 in cash.paid $2,500 in cash dividends to shareholders.record the adjusting journal entry for accrued salaries at year-end that amounted to $1,000.