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journal entries Required information [The following information applies to the questions displayed below] The general ledger of Zips Storage at January 1,2024, includes the following
journal entries Required information [The following information applies to the questions displayed below] The general ledger of Zips Storage at January 1,2024, includes the following account balances. The following is a summary of the transactions for the year 1. January 9 Provide storage strulces for cash, $142,160, and on account, 556,200. 2. February 12 Collect on accounts recelvable, 552,300 . 3. April 25 Aecolve cash in advance fren custoners, 513,700: 4. May 6 Purchase supplifes on account, $10,500. 5. 301y 15 Pay property taxes, 19,300. 6. September to pay an accounts payable, $12,209. 7. October 31 pay salaries, $131,600. b. November 20 Issue shares of common stack in exchange foe $15,000 coth. 19. Decenber 30 Pay 53,6e0 cash dividends to stokkholders. 9. Record closing entries. (If no entry is required for a porticular transoction/event, select "No Journal Entry Required" in the first occount field.) Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credita. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits
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