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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
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 2. February 12 3. April 25 4. May 6 5. July 15 6. September 10 7. Oetober 31 8. November 20 9. December 30 Provide storage tervicen for cash, $140,100, and on account, $55,200. Collect on accounts receivable, $52,100. Receive canh in advance from cuntomert, 513,500. Purchane supplies on account, $10,400. Pay property taxen, $9,100, pay on accounts payable, $12,000. Pay Balarien, $129,600, Imsue shares of common stock in exchange for 533,000 cash. Pay 53,400 cash dividends to stoekholdert. 8-a. Prepare the income statement for the year ended December 31, 2024. 8-a. Prepare the income statement for the year ended December 31,2024 . 3-b. Prepare the classified balance sheet for the year ended December 31, 2024 . 8-b. Prepare the classified bolance sheet for the year ended December 31,2024
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