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Credits Debits $ 25,200 16,000 13,200 154,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 7,300
Credits Debits $ 25,200 16,000 13,200 154,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 7,300 6,400 149,000 45,700 $208,400 $ 208,400 The following is a summary of the transactions for the year. 1. January 9 Provide storage services for cash, $140, 100, and on account, $55,200. 2. February 12 Collect on accounts receivable, $52,100. 3. April 25 Receive cash in advance from customers, $13,500. 4. May 6 Purchase supplies on account, $10,400. 5. July 15 Pay property taxes, $9, 100. 6. September 10 Pay on accounts payable, $12,000 7. October 31 Pay salaries, $129,600. 8. November 20 Issue shares of common stock in exchange for $33,000 cash. 9 December 30 Pay $3,400 cash dividends to stockholders. Insurance expired during the year is $7,600. Supplies remaining on hand at the end of the year equal $3.500. Provide services $12.400 related to cash paid in advance by customers. Prey 1 of 1 Next a o search The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 25,200 16,000 13,280 154,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 7.300 9400 149,000 45 700 $ 208,400 $ 208,400 The following is a summary of the transactions for the year 1. Januar 9 Provide storage services for cash, $140, 100, and on account, $55,200. 20 February 12 Collect on accounts receivable, $52.1110 April 25 Receive cash in advance from customers, $13,500. 4. mam 6 Purchase supplies on account, $10,480. SUL 15 Pay property taxes, 99, 100. 6. September 10 Pay on accounts payable, $12,099. 7 October 31. Pay salaries, $129,600, 8. November 20 Issue shares of common stock in exchange for $35.000 cash. 9. December 30 pay $3,400 cash dividends to stockholders Insula ALEX de EDSED
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