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Saved 11 The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounta Cash 3 points Skipped Accounts Receivable
Saved 11 The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounta Cash 3 points Skipped Accounts Receivable Prepaid Insurance Land eBook Debita $25,700 16,500 14,200 Credits 159,000 Accounts Payable Deferred Revenue Common Stock Retained Earnings $ 7,800 6.900 154,000 46,700 Totals $215,400 $215,400 14 The following is a summary of the transactions for the year Print 1. January References 2. February 3. April 4. May 5. July Provide storage services for cash, $145, 100, and on account, $57,700. 12 Collect on accounts receivable, $52,600. 25 Receive cash in advance from customare, $14,000. 6 Purchase supplies on account, $11,400. 15 Pay property taxes, 59,600. 6. September 10 Pay on accounts payable, $12,500. 7. October 31 Pay salaries, 5134,400. 8. November 20 Issue shares of common stock in exchange for $38,000 ca 9. December 30 Pay $3,900 cash dividends to stockholders. Insurance expired during the year is $8,100 Supplies remaining on hand at the end of the year equal $4,000. Provide services of $12.900 related to cash paid in advance by customers. Help Save & Exit Check m
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