post the transactions, adjusting entries and. losing entries to the T-accounts. be sure to include beginning balances.

! 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 $ 45,500 29,700 114,500 Accounts Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock Retained Earnings Totals 15,700 34,000 104,000 36, 3e8 $190,000 $190,000 The following is a summary of the transactions for the year 1. January 12 Provide services to customers on account, $66,400. 2. February 25 Provide services to customers for cash, $77,300. 3. March 19 Collect on accounts receivable, $46,100. 4. April 30 Issue shares of common stock in exchange for $34,000 cash. 5. June 16 Purchase supplies on account, $12,900. 6. July 7 Pay on accounts payable, $11,700 7. September 30 Pay salaries for employee work in the current year, 568,200. 8. November 22 Pay advertising for the current year, $22,900. 9. December 30 Pay $3,300 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,900 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $1,900 and will be paid on January 5, 2022 Supplies remaining on hand at the end of the year equal $2,700 Beg. Bal. Cl. entry Cl. entry Retained Earnings 0 36,300 143,700 X 0 X Cl. entry 4,700 X 0 0 0 End. Bal. 112,100