Answer Happy

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 Totals. 1. January 9 2. February 12 3. April 25 4. May 6 5. July 15 6. September 10 October 31 7. Debits $26,000 16,800 14,800 162,000 $219,600 The following is a summary of the transactions for the year: 8. November 20 9. December 30 $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, $52,980. 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. Pay salaries, $137,600. Issue shares of common stock in exchange for $41,000 cash. Pay $4,200 cash dividends to stockholders.. Problem 3-9A (Algo) Parts 1, 3, 6 and 10 laring entries to the T-accounts. Be sure to include beginning
1. 3. 6. & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Debit Beginning Batance Ending Balance Debit Cash Prepaid Insurance Land Credit Credit Credit Previ Beginning Balance 16 Ending Balance 78 Ending Balance Det Beginning Balance Ending Balance Debil of 8 Beginning Balance Deti Accounts Recavale Supplies Accounts Payable Next > Cred Crece Cred
Required information Beginning Balance Ending Balance Beginning Balance Ending Balance Debit Ending Balance Debit Beginning Balance Debit Beginning Balance Debit Deferred Revenue Retained Earnings Dividends Salaries Expense Credit Credit Credit Credit < Prev Beginning Balance Ending Balance Ending Balance Debit Beginning Balance Ending Balance Debit Beginning Balance 8 of 8 Debit Debit Beginning Balance Common Stock Service Revenue Property Tax Expense Insurance Expense Next > Credit Credit Credi Credit
t 0 nces Beginning Balance Ending Balance Debit Beginning Balance Ending Balance Debit Salaries Expense Supplies Expense Credit Credit Debit Beginning Balance Ending Balance Insurance Expense