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: 1. January 9 Provide storage services for cash, $151,100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. October 31 Pay salaries, $140,600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. 5. Record adjusting entries. Insurance expired during the year is $8,600. Supplies remaining on hand at the end of the year equal $4,500. Provide services of $13,400 related to cash paid in advance by customers. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 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: 1. January 9 Provide storage services for cash, $151,100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. October 31 Pay salaries, $140,600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. 7. Prepare an adjusted trial balance. 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: 1. January 9 Provide storage services for cash, $151,100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. October 31 Pay salaries, $140,600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. 8-a. Prepare the income statement for the year ended December 31, 2024. 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: 1. January 9 Provide storage services for cash, $151,100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. October 31 Pay salaries, $140,600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. 9. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) 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: 1. January 9 Provide storage services for cash, $151,100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. 0ctober 31 Pay salaries, $140,600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. 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: 1. January 9 Provide storage services for cash, $151,100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. 0ctober 31 Pay salaries, \$140,600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. 11. Prepare a post-closing trial balance