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i will thumbs up and comment. Thank you! Required information [The following information applies to the questions displayed below! The general ledger of Jackrabbit Rentals

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Required information [The following information applies to the questions displayed below! The general ledger of Jackrabbit Rentals at January 1, 2021. includes the following account balances: Credits Debits $ 50,500 34,700 119,500 Accounts Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock Retained Earnings Totals 16,200 39,000 109,000 40.00 3205,000 $205,000 The following is a summary of the transactions for the year 1. January 12 Provide services to customers on account, $71,400. 2. February 25 Provide services to customers for cash, 579,000 3. March 19 Collect on accounts receivable, 146,600. 4. April 30 Issue shares of common stock in exchange for $39,000 cash 5. June 16 Purchase supplies on account, $13,900. 6. July 7 Pay on accounts payable, $12,200 7. September 30 Pay salaries for employee work in the current year, 573,200. 3. November 22 Pay advertising for the current year, $23,400. 9. December 30 pay $3,800 cash dividends to stockholders. The following information is available for the adjusting entries Accrued interest on the notes payable at year-end amounted to $3,400 and will be paid January 1, 2022 Accrued salaries at year.end amounted to $2,400 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $3,200 1.3.6. & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances Cash Accounts Beg Bal Beg Ba End B End Bal Supplies Land Beg Bal Ben Bu End Bali End B Accounts Payable Bey w Beg End Bal End. Bal Interest Payable Notes Payable Sep End Bal End. Find Eng Como Store Beg Balan tega End End Bal Dividends Service Revo Bega Beg Bad Enda End. Stres Ad Ep Beg BM De End End Bar bitat Dega Beg Ba (End Bar End

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