[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, 10e, and on account, $53,700. 2. February 12 Collect on accounts receivable, $51,300, 3. April 25 Receive cash in advance from custoners, $13,200. 4.May65.July15Purchasesuppliesonaccount,$9,800.Paypropertytaxes,$8,be0. 6. September 10 Pay on accounts payable, $11,760. 7. October 31 Pay salaries, $126,600. 3. Noveaber 20 Issue shares of conmon stock in exchange for $30,000 cash. 9. December 30 Pay $3,100 cash dividends to stockholders. 9. Record closing entries. (If no entry is required for a particular tronsoction/event, select "No Journal Entry Required" in the first account field.)