Answer Happy

neyuncuvii Problem 3-9A (Algo) Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) [The following information applies to the questions displayed below.] The general ledger of Zips Storage at January 1, 2024, includes the following account balances: Credits Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Tatals 1. January 9 2. February 12 3. April 25 4. May 6 5. July 15 6. September 10 7. October 31 8. November 20 9. December 30 Debits $26,000 16,800 14,800 162,000 $219,600 The following is a summary of the transactions for the year: $8,100 7,200 157,000 47,300 $219,600 Provide storage services for cash, $148, 100, and on account, $59,200. Collect on accounts receivable, $52,900. Receive cash in advance from customers, $14,300. Purchase supplies on account, $12,000. Pay property taxes, $9,900. Pay on accounts payable, $12,800. Problem 3-9A (Algo) Part 7 7. Prepare an adjusted trial balance. Pay salaries, $137,600. Issue shares of common stock in exchange for $41,000 cash. Pay $4,200 cash dividends to stockholders. F ת 6 8 00 of 8 Next >
. of 8 7. Prepare an adjusted trial balance. Accounts Cash Accounts Receivable Prepaid Insurance Supplies Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Dividends Service Revenue Property Tax Expense Salaries Expense Insurance Expense Supplies Expense Total Answer is not complete. ZIPS STORAGE Adjusted Trial Balance December 31, 2024 Debit $ 103,500 23,100✔ 14,800 X 12,000 x 162,000 4,200 9,900 137,600 $ 467,100 $ Credit 7,300 7,200 198,000 47,300 207,300 $ 467,100.