January $9$ Provide storage services for cash, $$134,100,$ and on account, $$52,200.$

February $12$

April $25$

May $6$ Collect on accounts receivable, $$51,500.$

Receive cash in advance from customers, $$12,900.$

July $15$

Purchase supplies on account, $$9,200.$

September $10$ Pay property taxes, $$8,500.$

October $31$ Pay on accounts payable, $$11,400.$

November $20$

Pay salaries, $$123,600.$

December $30$ Issue shares of common stock in exchange for $$27,000$ cash. Pay $$2,800$ cash dividends to stockholders.

Problem $3-9$A $($Static$)$ Part $9$

$9.$ Record closing entries. $($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$2$

$3$

Record the entry to close the expense accounts.