The general ledger of Zips Storage at January 1, 2021, includes the following account balances Credits Debits $ 25,500 16,300 13,800 157,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 7,600 6,700 152,000 46,300 $212,600 $212,600 The following is a summary of the transactions for the year. 1. January 9 Provide storage services for cash, $143, 100, and on account, $56,700. 2. February 12 Collect on accounts receivable, $52,400. 3. April 25 Receive cash in advance from customers, $13,800. 4. May 6 Purchase supplies on account, $11,000. 5. July 15 Pay property taxes, $9,400. 6. September 10 Pay on accounts payable, $12,300. 7. October 31 Pay salaries, $132,600. 8. November 20 Issue shares of common stock in exchange for $36,000 cash. 9. December 30 Pay $3,700 cash dividends to stockholders. Insurance expired during the year is $7.900. Supplies remaining on hand at the end of the year equal $3,800 Provide services of $12.700 related to cash paid in advance by customers Requirement General Journal General Ledger Trial Balance Income Statement Balance 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). Requirement General Journal > Journal entry worksheet Record the providing of storage services for cash $143,100, and on account, $56,700. Note: Enter debits before credits. General Journal Debit Credit Date January 09 Record entry Clear entry View general journal Unadjusted Zips Storage Income Statement For the Year Ended December 31, 2021 Revenues: Total Revenues Expenses: Total Expenses Unadjusted Zips Storage Balance Sheet December 31, 2021 Assets Liabilities Curront Assets Current Liabilities Total Current Liabilities Stockholders' Equity Total current assets Long-term Assets Total Stockholders' Equity Total Liabilities and Stockholders' Equity Total assets