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Problem 3-9B (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
Problem 3-9B (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 Jackrabbit Rentals at January 1, 2024, includes the following account balances: The following is a summary of the transactions for the year: 1. January 12 2. February 25 3. Harch 19 4. April 39 5. Jure 16 6. July 7 7. September 30 i. Noverber 22 9. Decenber 30 Provide semices to customers on account, $65,400. Provide services to customers for cash, 376,600. Collect on accounts recelvable, $46,606. Issue shares of common stock in exchange for $33,000 cash. Purchase supplies on account, $12,700. Pay on accounts payable, $11,600. Pay salarles for employee work in the current year, $67,260. Pay advertising for the current year, $22, boa. Pay $3,200 cash dividends to stockholders. The following information is avallable for the adjusting entries Accrued interest on the notes payable at year-end amounted to $2.800 and will be paid January 1.2025. Accrued salaries at year-end amounted to $1,800 and will be paid on January 5,2025 . Supplies remaining on hand at the end of the year equal $2.600 Problem 3-9B (Algo) Port 11 11. Prepare a post-closing trial balance
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