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The general ledger of Zips Storage at January 1, 2021, Includes the following account balances: Credits Debita 325,000 15,800 12,800 153,000 Nccounts Cash Accounts Receivable

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The general ledger of Zips Storage at January 1, 2021, Includes the following account balances: Credits Debita 325,000 15,800 12,800 153,000 Nccounts Cash Accounts Receivable Droprid Thrane Land Nocoonts Payable Deferred tevens Cenon stock Tetained Earning Total $ 7,100 6.200 367,000 45.250 $205,600 $205,600 The following is a summary of the transactions for the year 1. JANUARY Provide atrage service for cash, 5128.100, and to cont. 154,200. 2. February 12 collect on accounts receivablo, 15.900. 2. Apeli 35 Releash in advance from costa $13.00 4.MY Purchase apples on about $10,000 5. July 15 Pay property tax, 99, 900. 6. September 10 Pay on copenhle, 1.10. 7. Dotober 3 Pays 127,600 obes 20 shares of como stock in exchange for $32,0 ch December 30 Pay $3,200 cash dividend to stockholm Insurance expired during the year is 57,400. Sappiles remaining on hand at the end of the year equal $3.300. Provide services of $12,200 rolated to cosh paid in advance by customers Requirement General Journal Leo Thai Balance sheet 1. Recordanch of the transactions de bovit in the General Journal Review General Ledger and the Trail Balance taste the dea of the transaction the 2. Recort the adjusting in the General Boutab these stows 10-123 View the adjusted lancar as of December 2011 . Prepare an income statement for the period once December 31, 2021, the Santa

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