The general ledger of Zips Storage at January 1, 2021, includes the following account balances:

Accounts	Debits				Credits
Cash	$	26,000
Accounts Receivable		16,800
Prepaid Insurance		14,800
Land		162,000
Accounts Payable					$	8,100
Deferred Revenue						7,200
Common Stock						157,000
Retained Earnings						47,300
Totals	$	219,600			$	219,600

The following is a summary of the transactions for the year:

1.		January		9		Provide storage services for cash, $148,100, and on account, $59,200.
2.		February		12		Collect on accounts receivable, $52,900.
3.		April		25		Receive cash in advance from customers, $14,300.
4.		May		6		Purchase supplies on account, $12,000.
5.		July		15		Pay property taxes, $9,900.
6.		September		10		Pay on accounts payable, $12,800.
7.		October		31		Pay salaries, $137,600.
8.		November		20		Issue shares of common stock in exchange for $41,000 cash.
9.		December		30		Pay $4,200 cash dividends to stockholders.

Required information The general ledger of Zips Storage at January 1 2021 includes the following account balances Account Debit Credit Cash 26.000 het Meer 16.00 Prepaid 14.00 Land 162.000 Acte Payable +0,100 Defender 7,200 Caron Stock 157.000 Natid tarni 49.300 Tutais 1219.60 $210,660 The following is a summary of the transactions for the year 1. JAY > Powdere services for wash, 110.100. Ada seot. 158.200 1. Pebruary 12 Collectorale, 553,00 3. Neil 25 Helve hace from custo, 114,100 hy much supplies 112.000. 1. hely 15 typerty, 39,900 6. September 10 Tayyable. 113,000. October 31 ay salaries. $137.600. Iber 30 threat took change for $1.000 cash December 10 y $4,100 vittore 1.3.6: 6 10. Post the transactions adjusting entries and closing entries to the accounts. Be sure to include beginning balances Day Ball 26.000 Bu TE800 Endnu 20.000 Endel 16.00 the 14.00 Best 14.00 Endal Land Beli 18 Det Ertal 10.000 E B 300 En 7700 E B 157.000 47300 End tu Account 16.00 240.000 End 0.000 End 18.800 fie he End the 14.00 End LAN 102.000 Aca E B 1.000 Endal . Eng Sul 700 thes Bal Costa ST.000 7200 End. 157.000 Beau End 47300 EN BB Endo COM