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8a-8b is correct to help 11. Prepare a post-closing trial balance. Required information [The following information applies to the questions displayed below] The general ledger
8a-8b is correct to help 11. Prepare a post-closing trial balance. Required information [The following information applies to the questions displayed below] The general ledger of Zips Storage at January 1, 2024, includes the following account balances: 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 38 Provide storage services for cash, $144,100, and on account, $7,200. Collect on accounts receivable, $52,580. Receive cash in advance from customers, $13,900. Purchase supplies on account, $11,200. Pay property taxes, $9,580. Pay on accounts payable, $12,400. Pay salaries, $133,600. Issue shares of common stock in exchange for $37,000 cash. Pay $3,800 cash dividends to stockholders. 9. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first occount field.) 1 Record the entry to close the revenue accounts. 2 Record the entry to close the expense accounts. 3 Record the entry to close the dividends account. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. 1. 3. 6. \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. 8-a. Prepare the income statement for the year ended December 31, 2024
8a-8b is correct to help
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