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 $ 61,500 45,700 130,800 Accounts Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock Retained Earnings Totals 17,300 50,000 120,000 50,700 $ 238,000 $ 238,000 The following is a summary of the transactions for the year: 1. January 12 Provide services to customers on account, $82,400. 2. February 25 Provide services to customers for cash, $85,300. 3. March 19 Collect on accounts receivable, $ 47,700. 4. April 30 Issue shares of common stock in exchange for $50,000 cash. 5. June 16 Purchase supplies on account, $16,100. 6. July 7 Pay on accounts payable, $13,300. 7. September 30 Pay salaries for employee work in the current year, $84,200. 8. November 22 Pay advertising for the current year, $24,500. 9. December 30 Pay $4,900 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $4,500 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $3,500 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $4,300. 1.3.6. & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Cash Accounts Receivable 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. Accounts Payable Salaries Payable Beg. Bal. Beg. Bal. 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 Service Revenue Beg. Bal. Beg. Bal. End. Bal. End. Bal. Salaries Expense Advertising Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal. Interest Expense Supplies Expense Beg. Bal. Beg. Bal. End. Bal. End. Bal