The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $ 25,300 Accounts Receivable 16,100 Prepaid Insurance 13,400 Land 155,000 Accounts Payable $ 7,400 Deferred Revenue 6,500 Common Stock 150,000 Retained Earnings 45,900 Totals $ 209,800 $ 209,800

The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $141,100, and on account, $55,700. 2. February 12 Collect on accounts receivable, $52,200. 3. April 25 Receive cash in advance from customers, $13,600. 4. May 6 Purchase supplies on account, $10,600. 5. July 15 Pay property taxes, $9,200. 6. September 10 Pay on accounts payable, $12,100. 7. October 31 Pay salaries, $130,600. 8. November 20 Issue shares of common stock in exchange for $34,000 cash. 9. December 30 Pay $3,500 cash dividends to stockholders.

Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Include adjusting and closing entries.

Prepare a post-closing trial balance.