Please help.
The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounts Debits 24,700 15,500 12,200 149,000 Credits Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue $ 6,800 5,900 144,000 44,700 Common Stock Retained Earnings $201,400 $201,400 Totals The following is a summary of the transactions for the year 1. January 2. February 12 Collect on accounts receivable, $51,600. 3. April 4. May 5. July 6. September 10 Pay on accounts payable, $11,500. 7. October 8. November 20 Issue shares of common stock in exchange for $28,000 cash. 9. December 30 Pay $2,900 cash dividends to stockholders. 9 Provide storage services for cash, $135,100, and on accouat, $52,700. 25 Receive cash in advance from customers, $13,000 6 Purchase supplies on account, $9,400. 15 Pay property taxes, $8,600 31 Pay salaries, $124,600. Insurance expired during the year is $7,100. Supplies remaining on hand at the end of the year equal $3,000. Provide services of $11,900 related to cash paid in advance by customers. General Journal Income General Trial Balance Balance Sheet Requirement Statement Ledger Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in account field.) View transaction list Dro Insurance expired during the year is $7100. Supplies remaining services of $11,900 related to cash paid in advance by customers. on hand at the end of the year equal $3,000. Provide General Ledger General Income Requirement Trial Balance Balance Sheet Journal Statement Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry requirec account field.) View transaction list Record the providing of storage services for cash $135,100, and on account, $52,700. 15 Record the collection ccount, on accounts receivable, $51,600. 3 Record the receipt of cash in advance received from customers, $13,000. 4 Record the purchase of supplies on account, $9,400. Credit Record the payment of property taxes, $8,600 paid. Record the payment on accounts payable, $11,500. 187,800 Record the payment of salaries, $124,600. Note: journal entry has been entered XI Insurance expired during the year is $7,100. Supplies remaining on hand at the end of the year equal $3,000. Provide services of $11,900 related to cash paid in advance by customers. General Journal General Requirement Income Trial Balance Statement Balance Sheet Ledger Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in account field.) View transaction list X 15 Record the issuance of shares of common stock in exchange for $28,000 cash. ccount, Record the payment of $2,900 cash dividends paid to stockholders. 10 Record the adjusting entry for insurance expired during the year, $7,100. Credit Record the adjusting entry for supplies remaining on hand at the end of the year equal to $3,000. 187,800 12 Record the adjusting entry for revenue earned. Provided services of $11,900 related to cash paid in advance by ietnmere Note: journal entry has been entered D0 Ine Insurance expired during the year is $7100. Supplies remaining on hand at the end of the year equal $3,000. Provide services of $11,900 related to cash paid in advance by customers Un arr General Journal General Ledger Income Statement Requirement Trial Balance Balance Sheet Ear Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in account field.) er r View transaction list 1.33 X 10 Record the adjusting entry for insurance expired during the year, $7,100. 15 d $5 ning d of Record the adjusting entry for supplies remaining on hand at the end of the year equal to $3,000. ccount, requir Record the adjusting entry for revenue earned. Provided services of $11,900 related to cash paid in advance by customers. ance E aid Ins Credit Record the closing entry for revenue ance E id Insu Record the closina entry for expenses 187,800 $5,60 Record the closing entry for cash dividends. Note: journal entry has been entered
