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8 The general ledger of Zips Storage at January 1, 2024, includes the following account balances: Accounts Cash Debits. $25,800 Credits Accounts Receivable Prepaid
8 The general ledger of Zips Storage at January 1, 2024, includes the following account balances: Accounts Cash Debits. $25,800 Credits Accounts Receivable Prepaid Insurance Land Accounts Payable 16,600 14,400 160,000 $7,900 Deferred Revenue Common Stock 7,000 155,000 Retained Earnings 46,900 Totals $216,800 $216,800 The following is a summary of the transactions for the year: 1. January 9 2. February 12 3. April 25 4. May 6 5. July 15 6. September 10 7. October 31 8. November 20 9. December 30 Provide storage services for cash, $146, 100, and on account, $58,200. Collect on accounts receivable, $52,700. Receive cash in advance from customers, $14,100. Purchase supplies on account, $11,600. Pay property taxes, $9,700. Pay on accounts payable, $12,600. Pay salaries, $135,600. Issue shares of common stock in exchange for $39,000 cash. Pay $4,000 cash dividends to stockholders. Problem 3-9A (Algo) Part 4 4. Prepare an unadjusted trial balance. 2 of 8 9 nts Accounts Answer is not complete. ZIPS STORAGE Unadjusted Trial Balance December 31, 2024 Debit Credit Cash $ 204,300 Accounts Receivable 16,600 Prepaid Insurance 14,400 Supplies Land 160,000 Accounts Payable $ 7,900 Deferred Revenue Common Stock Retained Earnings Dividends Service Revenue Property Tax Expense Salaries Expense Insurance Expense Supplies Expense Totals $ 395,300 $ 7,900
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