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The general ledger of Zips Storage at January 1 , 2 0 2 4 , includes the following account balances: The following is a summary
The general ledger of Zips Storage at January includes the following account balances:
The following is a summary of the transactions for the year:
Preapre an unadjusted trial balance
Record adjusting entries. Insurance expired during the year is $ Supplies remaining on hand at the end of the year equal $ Provide services of $ related to cash paid in advance by customers
Prepare an adjusted trial balance
Prepare the income statement for the year ended December
Prepare the classified balance sheet for the year ended December
Record closing entries Closing the revenue accounts, expense accounts, and dividends
Post the transactions, adjusting entries and closing entries to Taccounts. Be sure to include beginning balances.
Prepare a postclosing trial balance
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