[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, $3,760. 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, $9,860. 5. July 15 Pay property taxes, $3, 8e9. 6. Septenber 10 Pay on accounts payable, $11,700. 7. October 31 Pay salaries, \$126,600. 8. November 20 Issue shares of conpon stock in exchange for $30,090 cash. 9. December 30 Pay 53,100 cash dividends to stockholders. 5. Record adjusting entries. Insurance expired during the year is $8.600. Supplies remaining on hand at the end of the year equal $4.500. Provide services of $13,400 related to cash paid in advance by customers. (If no entry is required for a particulor transection/event, select "No Journal Entry Required" in the first occount field.) Journal entry worksheet 3 Record the adjusting entry for insurance expired during the year of $7,300