[The following information applies to the questions displayed below.] The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash Accounts Receivable Land $46,500 30,700 115,800 Accounts Payable 15,800 Notes Payable (due in 2 years) 35,000 Common Stock 105,000 Retained Earnings 37,200 Totals $193,000 $193,000 The following is a summary of the transactions for the year: 1. January 2. February 3. March 4. April 5. June 6. July 12 Provide services to customers on account, 567,400. 25 Provide services to customers for cash, $77.800.. 19 Collect on accounts receivable, $46,200. 30 Issue shares of common stock in exchange for $35,000 cash. 16 Purchase supplies on account, $13, 100. 7 Pay on accounts payable, $11,800. 7. September 30 Pay salaries for employee work in the current year, $69,200. 8. November 22 Pay advertising for the current year, $23,000. 9. December 30 Pay $3,400 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $3,000 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $2,000 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $2,800. Next > Problem 3-9B Part 1, 3, 6, 10 13 & 10 Pnst the transactions arlistinn entries and rinsinn entries to the Tarrnunts Recure to include honinninn halances 2 9 Prev 1 2 B of 8 $ 54 #3 W LLI E S % 25 66 &7 00 8 T Y U 9 66 04 0 D F G H J K L R X C >