Question
The general ledger of Zips Storage at January 1, 2024, includes the following account balances: AccountsDebitsCreditsCash$24,700Accounts Receivable15,500Prepaid Insurance12,200Land149,000Accounts Payable$6,800Deferred Revenue5,900Common Stock144,000Retained Earnings44,700Totals$201,400$201,400 1. January 9Provide
The general ledger of Zips Storage at January 1, 2024, includes the following account balances:
AccountsDebitsCreditsCash$24,700Accounts Receivable15,500Prepaid Insurance12,200Land149,000Accounts Payable$6,800Deferred Revenue5,900Common Stock144,000Retained Earnings44,700Totals$201,400$201,4001. January 9Provide storage services for cash, $135,100, and on account, $52,700.2. February 12Collect on accounts receivable, $51,600.3. April 25Receive cash in advance from customers, $13,000.4. May 6Purchase supplies on account, $9,400.5. July 15Pay property taxes, $8,600.6. September 10Pay on accounts payable, $11,500.7. October 31Pay salaries, $124,600.8. November 20Issue shares of common stock in exchange for $28,000 cash.9. December 30Pay $2,900 cash dividends to stockholders.
Prepare an adjusted trial balance.
Prepare an adjusted trial balance.
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