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, $137,100, and on account, $53,700. 2. February 12 Collect on accounts receivable, $51,800. 3. April 25 Receive cash in advance from customers, $13,200. 4. May 6 Purchase supplies on account, $9,800. 5. July 15 Pay property taxes, $8,800. 6. September 10 Pay on accounts payable, $11,700. 7. October 31 Pay salaries, $126,600. 8. November 20 Issue shares of common stock in exchange for $30,000 cash. 9. December 30 Pay $3,100 cash dividends to stockholders. \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ ZIPS STORAGE } \\ \hline \multicolumn{3}{|c|}{ Adjusted Trial Balance } \\ \hline \multicolumn{3}{|c|}{ December 31, 2024} \\ \hline Accounts & Debit & Credit \\ \hline Cash & & \\ \hline Accounts Receivable & & \\ \hline Prepaid Insurance & & \\ \hline Supplies & P & \\ \hline Land & T & 7 \\ \hline Accounts Payable & T & 7 \\ \hline Deferred Revenue & & \\ \hline Common Stock & 7 & \\ \hline Retained Earnings & 7 & \\ \hline Dividends & & 7 \\ \hline Service Revenue & & \\ \hline Property Tax Expense & & 7 \\ \hline Salaries Expense & P & \\ \hline Insurance Expense & & \\ \hline Supplies Expense & & \\ \hline Total & 0 & $ \\ \hline \end{tabular}