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cash, accounts recievable, prepaid insurance, supplies, land, accounts payable, deferred revenue, common stock, retained earnings, service revenue, dividends, property tax expense, salaries expense, insurance expense,

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cash, accounts recievable, prepaid insurance, supplies, land, accounts payable, deferred revenue, common stock, retained earnings, service revenue, dividends, property tax expense, salaries expense, insurance expense, supplies expense image text in transcribed
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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. Oetober: 31 8. November 20 9. Decenber 10 Provide atorage mervices for eash, $139,100, and on account, $54,700, Collect on account receivable, $52,000. Receive cash in advance f ron cuatomera, $13,400. Purchase supplies on aceount, $10,200. Pay property taxen, $9,000. Pay on accounte payable, $11,900. Pay salaries, 4128,600 . Iseve sharen of common stock in exchange for $32,000 eash. Pay 53,300 cash dividende to itockholderi. 3. 6. & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. 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 i. November 20 9. Deenmer 30 Provide storage serviees for eash, $139,100, and on aceount, $54,700. collect on accounta recelvable, $52,000. Heceive cash in advance froa custemere, 113,400 . Purchane wupplies on account, $10,200. Pay property taxen, $9,000. Bay on accounts payable, 511,900. Pay ialaries, $128,600, Issue ahares of cemton stock in exchange for $32,000 cash. Pay 53,300 cash dividends to stockholders. 3. 6. \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. 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 30 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. 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. 3.6. \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include

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