Check my work Required information The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $ 24,900 Accounts Receivable 15,700 Prepaid Insurance 12,600 Land 151,000 Accounts Payable $ 7,000 Deferred Revenue 6, 100 Common Stock 146,000 Retained Earnings 45, 100 Totals $204,200 $204,200 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $137, 100, and on account, $53,700. 2. February 12 Collect on accounts receivable, $51,800. 3. April 25 Receive cash in advance from customers, $13,200. 4. May 6 Purchase supplies on account, $9,800. 5. July 15 Pay property taxes, $8,800. 6. September 10 Pay on accounts payable, $11,700. 7. October 31 Pay salaries, $126,600. 8. November 20 Issue shares of common stock in exchange for $30,000 cash. 9. December 30 Pay $3,100 cash dividends to stockholders. 4. Prepare an unadjusted trial balance. 4. Prepare an unadjusted trial balance. 8 ZIPS STORAGE Unadjusted Trial Balance December 31, 2021 Accounts Debit Credit Cash Accounts Receivable 12,600 Prepaid Insurance Supplies Land 9,800 151,000 ces Accounts Payable Deferred Revenue Common Stock Retained Earnings Dividends 45, 100 3,100 Service Revenue 190,800 8,800 126,600 Property Tax Expense Salaries Expense Insurance Expense Supplies Expense Totals $ 311,900 $ 235,900