Required information

$[$The following information applies to the questions displayed below.$]$

The general ledger of Zips Storage at January $1,2024,$ includes the following account balances:

The following is a summary of the transactions for the year:

January $9$ Provide storage services for cash, $$142,100,$ and on account, $$56,200.$

February $12$ Collect on accounts receivable, $$52,300.$

April $25$ Receive cash in advance from customers, $$13,700.$

May $6$ Purchase supplies on account, $$10,800.$

July $15$ Pay property taxes, $$9,300.$

September $10$ Pay on accounts payable, $$12,200.$

October $31$ Pay salaries, $$131,600.$

November $20$ Issue shares of common stock in exchange for $$35,000$ cash.

December $30$ Pay $$3,600$ cash dividends to stockholders.

& $10.$ Post the transactions, adjusting entries and closing entries to the $T-$accounts. Be sure to include beginning balances.