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ACCUUNILS Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals 1. January 9 2. February 12 3. April 25

ACCUUNILS Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals 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 1. Prepare a post-closing trial balance. Accounts The following is a summary of the transactions for the year: Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Service Revenue Interest Receivable Supplies Property Tax Expense Salaries Expense Dividends X $207,000 Provide storage services for cash, $139,100, and on account, $54,700. Collect on accounts receivable, $52,000. Receive cash in advance from customers, $13,400. Purchase supplies on account, $10,200. X Answer is complete but not entirely correct. ZIPS STORAGE Post-Closing Trial Balance December 31, 2024 X DEDILS $25,100 15,900 13,000 153,000 Pay property taxes, $9,000. Pay on accounts payable, $11,900. Pay salaries, $128,600. Issue shares of common stock in exchange for $32,000 cash. Pay $3,300 cash dividends to stockholders. Debit $ 108,800 18,600 13,000 X 153,000 10,200 CHECPSS $7,200 6,300 9,000 X 128,600 X 3,300 X 148,000 45,500 $207,000 Credit 5,500 6,300 x 180,000 45,500 193,800 X 13,400 X
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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, $139,100, and on account, $54,700 Collect on accounts receivable, $52,000. Receive cash in advance fron custoners, $13,400. Purchase supplies on account, $10,200. Pay property taxes, $9,000. Pay on accounts payable, $11,900. Pay salaries, $128,600. Issue shares of common stock in exchange for $32,000 cash. Pay $3,300 cash dividends to atockholders. 1. Prepare a post-closing trial balance. (*) Answer is complete but not entirely correct. Required information [The following information applles 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. Fotntuary 12 3. Aptil 25 4. May 4 5. Hu4y15 6. September 10 7. october 3] 8. icivember 20 is December 19 Provide ntorage pervicea for cash, 5139,100 , and on account, 754,700 . Colloet on account Ieceivable, $52,000. Receive canh In advange froth cultomers, 513,400. Purchsse aupplieil on account, 110,200 . pay property tixes, 59,000 , Pay on accounta payable, 511,900. Pay uad aries, $12 is 606 \% Pay wad Aries, $12b,600. Tanue nharen of eckingn stock in exchange for 532,000 cash. pay $3,300 daek dividenda to stockholdera. 11. Prepare a post-closing trial balance. Answer is complete but not entirely correct

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