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Journal entry worksheet The general ledger Of Zips Storage at January I, 2024. includes the following account balances: Ise.eee Accounts Receivable Prepaid Insurance Land Accounts
The general ledger Of Zips Storage at January I, 2024. includes the following account balances: Ise.eee Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Stock Retained Earnings Totals sas,3ee 16, lee 13, oe lss,eoe $7,4e 6, see 45 gee $209 , age szeg,8e The following is a Summary orthe transactions for the year: Provide storage services tor cash; $141, Ide. and on account, SSS,7de. 1. January 9 2. February 12 Collect on accounts receivable, $52, 3. April 25 May 6 5. 15 Receive cash advance from Customer S, Purchase supplies on account, pay property taxes, 6. September Pay on accounts payable, 7. October 31 Pay salaries, S13,6d. 8. November 20 Issue shares Of comon stock in exchange for cash. 9. December 30 Pay s3,Se cash dividends to stockholders. Insurance expired during the year is $7,700 Supplies remaining on hand at the end of the year equal $3,600. Provide services of $12,500 related to cash paid in advance by customers.
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