0 Required information The following information applies to the questions displayed below) The general ledger of Jackrabbit Rentals at January 1,2021, includes the following account balances: of 8 unts Debits Credits Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock Retained Earning $45,500 29,700 114,800 15,700 34,000 104,000 Totals $190,000 $190,000 The following is a summary of the transactions for the year 1. January 12 Provide services to customers on account, $66,400 2. February 25 Provide services to customers for cash, $77,300. . Harch 4. 19 Collect on accounts receivable, $46,100 30 Issue shares of cosmon stock in exchange for $34,000 cash. 6 Purchase supplies on account, $12,900 April 5.June 6. July 7. September 30 Pay salaries for employee work in the current year, $68,200. 8. November 22 Pay advertising for the eurrent year, $22,900. 9. December 30 Pay $3,300 cash dividends to stockholders. 7 Pay on accounts payable, $11,700, The following information is available for the adjusting entries Accrued interest on the notes payable at year-end amounted to $2,900 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $1,900 equal $2,700 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year 2. Record each of the summary transactions Ilisted above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 6 8 Provide services to customers on account, $66,400. Note: Enter debits before credits saction General Journal Debit Credit January 12 Record entry Clear entry View general journal 2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/e Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Provide services to customers for cash, $77,300 Note: Enter debits before credits. Transaction General Journal Credit Debit February 25 Record entry Clear entry View general journal 2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, se Journal Entry Required" in the first account field.) View transaction list Part 1 of 8 Journal entry worksheet Collect on accounts receivable, $46,100. Note: Enter debits before credits General Journal Debit Credit ansaction March 19 Clear entry Record entry View general journal 2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, s Journal Entry Required" in the first account field.) View transaction list t 1 of 8 Journal entry worksheet Issue shares of common stock in exchange for $34,000 cash. Note: Enter debits before credits General Journal Debit Credit ansaction April 30 Record entry View general journal Clear entry Prev llcIr UP the summary transactions listed above. (If no entry is required for a particular transaction/event, select Journal Entry Required" in the first account field.) View transaction list Part 1of B Journal entry worksheet Purchase supplies on account, $12,900 Note: Enter debits before credits Debit Credit June 16 Record entry Clear entry View general journal Prev 2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, sele Journal Entry Required" in the first account field.) View transaction list Part 1 of 8 Journal entry worksheet Pay on accounts payable, $11,700. Note: Enter debits before creaits Debit Credit General Journal July 07 Record entry Clear entry View general journal Prev1 2 38 of 14 Next> 2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, Journal Entry Required" in the first account field.) View transaction list art 1 of 8 Journal entry worksheet 2 6 9 Pay salaries for employee work in the current year, $68,200 Note: Enter debits before credits General Journal Debit Credit September 30 Record entry Clear entry View general journal 1 2 3.. 8 of 14 Prev 2. Record each of the summary transactions listed above.(f no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Part 1 of 8 Journal entry worksheet Pay advertising for the current year, $22,900 Note: Enter debits before credis General Journal Debit Credit November 22 Record entry entry View general journal Prev 1238 of 14 Nat edtl 8f the summary transactions listed above. (If no entry is required for a particular transaction/even Journal Entry Required" in the first account field.) View transaction list art 1 of 8 Journal entry worksheet 6 9 Pay $3,300 cash dividends to stockholders. Note: Enter debits before credits Transaction General Journal Debit Credit December 30 Record entry Clear entry View general journal Prev 1 2 3. 8of 14 E Next> Required information The following information applies to the questions displayed below The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances f 8 Debits Credits Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 yeare) Common Stock Retained Earnings 45,500 29,700 114,80015,700 4,000 104,000 36,300 $190,000 $190,000 Totals The following is a summary of the transactions for the year January 12 Provide services to customers on account, $66,400 77,300 2. rebruary 25 Provide serviees to customers tor eash, s 3 March 4. Apri 5. June 6 July 19 Collect on accounts receivable, $46,100 o Issue shares of comnon stock in exchange for 534,000 cash 6 Purchase supplies on account, $12,900 7 Pay on accounts payable, $11,700 2. Beptenber 30 pay salaries for employee vork in the current year, 568,200 Pay advertising for the eurrent year, 822,900. November 22 December 30 Pay $3,300 eash dividenda to stockholders The following information is available for the adjusting entries at year-end amounted to $1,900 able at year-end amounted to $2,900 and will be paid January 1, 2022. Accrued salaries and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $2,700. of 14 2 3 4 KPrev 4. Prepare an unadjusted trial balance. JACKRABBIT RENTALS Unadjusted Trial Balance December 31, 2021 Debit Credit Accounts Cash Accounts Receivable Supplies Land Accounts Payable Salaries Payable Interest Payable Notes Payable Common Stock Retained Earnings Dividends Service Revenue Salaries Expense Advertising Expense Interest Expense Supplies Expense Total KPrev