Problem 3-9A (Algo) Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.] The general ledger of Zips Storage at January 1, 2024, Includes the following account balances: Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals Debits Credits $24,800 15,600 12,400 150,000 $6,900 6,000 145,000 44,900 $202,800 $202,800 The following is a summary of the transactions for the year: 1. January 9 2. February 12 3. April 25 4. May 6 5. July 15 6. September 10 7. October 31 8. November 20 9. December 30 Provide storage services for cash, $136, 100, and on account, $53,200. Collect on accounts receivable, $51,700. Receive cash in advance from customers, $13,100. Purchase supplies on account, $9,600. Pay property taxes, $8,700. Pay on accounts payable, $11,600. Pay salaries, $125,600. Issue shares of common stock in exchange for $29,000 cash. Pay $3,000 cash dividends to stockholders.. Required information Debit Beginning Balance 1 2 3 Ending Balance Cash 24,800 0 Debit Begoning Balance 24,800 Prepaid insurance 12,400 6 Ending Balance 12,400 Answer is not complete. Accounts Receivable Credit Debit Credit Beginning Balance 15,600 1 Ending Balance- 15,000 2 Supplies Credit Debit Credit Beginning Balance Ending Balance Land Accounts Payable Credit Debit Beginning Balance 6,900 Debit Beginning Balance 150,000 00 DO 00 00 Ending Balanced 150,000 Ending Balance 6,900 Credit Deferred Revenue Common Stock Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Retained Earnings Service Revenue Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Dividends Property Tax Expense Debit Credit Debit Credit Beginning Balance Beginning Balance 3,000 Ending Balance 3,000 Ending Balance Required information Salaries Expense Insurance Expense Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Supplies Expense Debit Credit Beginning Balance Ending Balance Ending Balance