comphrehensive problem completeting accounting transactions completing multiple steps in accounting cycle

Record the adjusting entry for interest. Accrued interest on the notes payable at year-end amounted to $3,900 and will be paid January 1,2025 . Note: Enter debits before credits. Problem 3-9B (Algo) Parts 1, 3, 6 and 10 1. 3. 6. \& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances 5. Record adjusting entries. Accrued interest on the notes payable at year-end amounted to $3,900 and will be paid January 1 , 2025. Accrued salaries at year-end amounted to $2,900 and will be paid on January 5,2025 . Supplies remaining on hand at the end of the year equal $3,700. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 3. Record the adjusting entry for interest. Accrued interest on the notes payable at year-end amounted to $3,900 and will be pald January 1,2025 . JACKRABBIT RENTALS Income Statement For the Year Ended December 31, 2024 Expenses: Total Expenses 7. Prepare an adjusted trial balance. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $3,900 and will be paid January 1, 2025. Accrued sai at year-end amounted to $2,900 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the y equal $3,700. Problem 3-9B (Algo) Part 8 8-a. Prepare the income statement for the year ended December 31, 2024. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. Complete this question by entering your answers in the tabs below. JACKRABBIT RENTALS Post-Closing Trial Balance December 31, 2024 Required information Problem 3-9B (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 Jackrabbit Rentals at January 1, 2024. includes the following account balances: The following is a summary of the transactions for the year: 1. January 12 2. February 25 3. March 19 4. April 30 5. June 16 Provide services to customers on account, $76,400. Provide services to customers for cash, $82,300. Collect on accounts receivable, $47,100. Issue shares of common stock in exchange for $44,000cash. Purchase supplies on account, $14,900. The following is a summary of the transactions for the year: 1. January 12 2. February 25 3. March 19 4. April 30 5. June 16 6. July 7 7. September 30 8. November 22 9. December 30 Provide services to customers on account, $76,400. Provide services to customers for cash, $82,300. Collect on accounts receivable. $47,100. Issue shares of common stock in exchange for $44,000 cash. Purchase supplies on account, \$14,900. Pay on accounts payable, $12,700. Pay salaries for employee work in the current year, $73,200. Pay advertising for the current year, $23,900. Pay $4,300 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $3,900 and will be paid January 1,2025. Accrued salaries at year-end amounted to $2,900 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the year equal $3,700. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{3}{|c|}{ Suppliss } \\ \hline & Debit & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Accounts Payable } \\ \hline Beginning Balance & & \\ \hline & & \\ \hline & & \\ \hline Ending Ealance & & \\ \hline \end{tabular} Journal entry wrksheet Record the entry to close the dividends account. Note: Enter debits before credits. \begin{tabular}{|l|l|l|} \hline Cash & \\ \hline Accounts Receivable & & \\ \hline Supplies & & \\ \hline Land & & \\ \hline Salaries Payable & & \\ \hline Interest Payable & & \\ \hline Notes Payable & & \\ \hline Common Stock & & \\ \hline Retained Earnings & & \\ \hline Dividends & & \\ \hline Service Revenue & & \\ \hline Salaries Expense & & \\ \hline Advertising Expense & & \\ \hline Interest Expense & & \\ \hline Supplies Expense & & \\ \hline Totals & & \\ \hline \end{tabular} The following is a summary of the transactions for the year: 1. January 12 2. February 25 3. March 19 4. April 30 5. June 16 6. July 7 Provide services to customers on account, $76,400. Provide services to customers for cash, $82,300. Collect on accounts receivable, $47,100. Issue shares of common stok k in exchange for $44,000 cash. Purchase supplies on account, $14,900. Pay on accounts payable, $12,700. 7. September 30 Pay salaries for employee work in the current year, $78,200. 8. November 22 Pay advertising for the current year, $23,900. 9. December 30 Pay $4,300 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $3,900 and will be paid January 1, 2025. Accrued salaries at year-end amounted to $2,900 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the year equal $3,700. Record the entry to close the expense accounts. Note: Enter debits before credits. Record the adjusting entry for accrued salaries. Accrued salaries at year-end amounted to $2,900 and will be paid on January 5,2025 . Note: Enter debits before credits. Problem 3-9B (Algo) Part 4 4. Prepare an unadjusted trial balance. 11. Prepare a post-closing trial balance. Record the entry to close the revenue accounts. Note: Enter debits before credits. JuUiliai EIILI y vuinsileel 1 Record the adjusting entry for supplies. Supplies remaining on hand at the end of the year equal $3,700. Note: Enter debits before credits