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The general ledger of Jackrabbit Rentals at January 1,2024 , includes the following account balances: The following is a summary of the transactions for the

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The general ledger of Jackrabbit Rentals at January 1,2024 , includes the following account balances: The following is a summary of the transactions for the year: 1. January 12 Provide services to customers on account, $62,400. 2. February 25 Provide services to customers for cash, $75,300. 3. March 19 Collect on accounts receivable, $45,700. 4. April 30 Issue shares of common stock in exchange for $30,000 cash. 5. June 16 Purchase supplies on account, $12,100. 6. July 7 Pay on accounts payable, $11,300. 7. September 30 Pay salaries for employee work in the current year, $64,200. 8. November 22 Pay advertising for the current year, $22,500. 9. December 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, 2025. Accrued salaries at year-end amounted to $1,500 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the year equal $2,300. Accrued interest on the notes payable at year-end amounted to $2,500 and will be paid January 1,2025 . Accrued salaries at year-end amounted to $1,500 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the year equal $2,300. Choose the appropriate accounts to be reported on the income statement. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection

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