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 $ 52,500 36,700 121.800 Accounts Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock Retained Barnings Totals 16,400 41,000 111,000 42,600 $ 211,000 $211,000 The following is a summary of the transactions for the year: 1. January 12 Provide services to customers on account, $73,400. 2. February 25 Provide services to customers for cash, $80,800. 3. March 19 Collect on accounts receivable, $46,800. 6. April 30 Issue shares of common stock in exchange for $41,000 cash. 5. June 16 Purchase supplies on account, $14,300. 6. July 7 Pay on accounts payable, $12,400. 7. September 30 Pay salaries for employee work in the current year, $75,200. 8. November 22 Pay advertising for the current year, $23,600. 9. December 30 Pay $4,000 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $3,600 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $2,600 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $3,400. 1.3.6. & 10. Post the transactions, adiusting entries and closing entries to the T-accounts. Be sure to include beginning balances Prex 1 2 3 ... 8 of 8 !!! Next > Required information Cash Accounts Recevable Beg. Bal. Beg. Bal. End, Bal End. Bal. Supplies Land Beg. Bal. Beg. Bal. End. Bal End. Bal. Accounts Payable Salaries Payable Beg Bal. Beg Bal. End. Bal. End. Bal. Interest Payable Notes Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal. Prev 1 2 3 .. 8 of 8 Next > Required information End. Bal. End. Bal. Interest Payable Notes Payable Beg. Bal. Beg. Bal. End. Bal. End. Bal. Common Stock Retained Earnings Beg. Bal. Beg. Bal End. Bal. End. Bal Dividends Sevice Revenue Beg. Bal. Beg. Bal. CIT End. Bal. End. Bal. Salaries Expense Advertising Expense Beg. Bal. Beg. Bal. Prey 1 2 3 8 of 8 Next >