The general ledger of Zips Storage at January $1,2024,$ Includes the following account balances:

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

January $9$ Provide storage services for cash, $$154,100,$ and on account, $$62,290.$

February $12$ Collect on accounts receivable, $$53,590.$

April $25$ Receive cash in advance fron custoners, $$14,990.$

May $6$ Purchase supplies on account, $$13,200.$

July $15$ Pay property taxes, $$10,500.$

September $10$ Pay on accounts payable, $$13,400.$

October $31$ Pay salaries, $$143,600.$

November $20$ Issue shares of connon stock in exchange for $$47,090$ cash.

December $30$ Pay $$4,890$ cash dividends to stockholders.

Insurance expired during the year is $$9,000.$ Supplies remaining on hand at the end of the year equal $$4,900.$ Provide services of

$$13,800$ related to cash paid In advance by customers.

Record each of the transactions listed above in the 'General Journal' tab $($these are shown as items $1$ to $9).$ Review the

'General Ledger' and the 'Trial Balance' tabs to see the effect of the transactions on the account balances.

Record the adjusting entries in the 'General Journal' tab $($these are shown as items $10$ to $12).$

Review the adjusted 'Trial Balance' as of December $31,2024.$

Prepare an income statement for the period ended December $31,2024,$ in the 'Income Statement' tab.

Prepare a classified balance sheet as of December $31,2024$ in the 'Balance Sheet' tab.

Record the closing entries in the 'General Journal' tab $($these are shown as items $13$ to $15).$