Check my work The general ledger of Zips Storage at January 1, 2018, includes the following account balances: Credits Accounts Debits Cash $ 26,600 Accounts Receivable 17,400 Prepaid Insurance 16,000 Land 168,000 Accounts Payable Deferred Revenue Common Stock Retained Earnings $ 8,700 7,800 163,000 48,500 Totals $228,000 $228,000 The following is a summary of the transactions for the year: a. January 9 Provide storage services for cash, $154,100, and on account, $62,200. b. February 12 Collect on accounts receivable, $53,500. c. April 25 Receive cash in advance from customers, $14,900. d. May 6 Purchase supplies on account, $13,200. e. July 15 Pay property taxes, $10,500. f. September 10 Pay on accounts payable, $13,400. g. October 31 Pay salaries, $143,600. h. November 20 Issue shares of common stock in exchange for $47,000 cash. i. December 30 Pay $4,800 cash dividends to stockholders. The following information is available for the adjusting entries. Insurance expired during the year is $9,000. Supplies remaining on hand at the end of the year equal $4,900. Provide services of $13,800 related to cash paid in advance by customers. Journal entry worksheet