The general ledger of Jackrabbit Rentals at January 1, 2021, includes the following account balances: Debits $ 41,500 25,700 110,800 Credits Accounts Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock 15,300 30,000 100,000 32,700 Retained Earnings $178,000 $178,000 Totals The following is a summary of the transactions for the year: 1. January 2. February 25 Provide services to customers for cash, $75,300 3. March 4. April 5. June 6. July 7. September 30 Pay salaries for employee work in the current year, $64,200. 8. November 9. December 12 Provide services to customers on account, $62,400. 19 Collect on accounts receivable, $45,700. 30 Issue shares of common stock in exchange for $30,000 cash 16 Purchase supplies on account, $12,100. 7 Pay on accounts payable, $11,300. 22 Pay advertising for the current year, $22,500. 30 Pay $2,900 cash dividends to stockholders The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,500 and will be paid January 1, 2022. Accrued salaries at year-end amounted to $1,500 and will be paid on January 5, 2022. Supplies remaining on hand at the end of the year equal $2,300. General Journal Trial General Income Balance Require... Ledger Balance Statem.. Sheet 1. Record each of the transactions listed above in the 'General Journal' tab (these are shown as items 1 - 9). Review the 'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances. 2. Record the adjusting entries in the 'General Journal' tab (these are shown as items 10- 12) 3. Review the adjusted 'Trial Balance' as of December 31, 2021. 4. Prepare an income statement for the period ended December 31, 2021, in the 'Income Statement' tab. 5. Prepare a classified balance sheet as of December 31, 2021 in the 'Balance Sheet' tab. 6. Record the closing entries in the 'General Journal' tab (these are shown as items 13- 15) General Journal Requirement