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Required information [The followng information applles to the questions displayed below.] The general ledger of Zips Storage at January 1, 2024, includes the following account

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Required information [The followng information applles 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, 5139,100 , and on account, 554,760 . 2. Pebruary 12 collect on accounts recelvable, $52,003. 3. April 25 Recelve cash in advance from custaters, $13,400. 4. May 6 Purchase supplies on dccount, $10,260. 5. July 15 Pay property taxes, $9,800. 6. Septenber 10 Pay on accounts payabie, 511,900. 7. October 11 Pay salarks, 3128, 600. 8. Novenber 20 Tissue sharies of conson stock in exchange for 532 , e60 cash. 9. Decenber 30 Pay $3,360 cash atvidends to Stoctitiolders. 8-a. Prepare the Income statement for the year ended December 31, 2024. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024

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