completing accounting cycle Problem 3-9 Part 1-7

completing all the way to post closing trial balance

11. Prepare a post-closing trial balance. \begin{tabular}{|l|l|l|} \hline Accounts & & \\ \hline Cash & & \\ \hline Accounts Receivable & & \\ \hline Prepaid Insurance & & \\ \hline Supplies & & \\ \hline Land & & \\ \hline Accounts Payable & & \\ \hline Deferred Revenue & & \\ \hline Common Stock & & \\ \hline Retained Earnings & & \\ \hline Dividends & & \\ \hline Service Revenue & & \\ \hline Property Tax Expense & & \\ \hline Salaries Expense & & \\ \hline Insurance Expense & & \\ \hline Supplies Expense & & \\ \hline Totals & & \\ \hline \end{tabular} Journal entry worksheet Supplles remaining on hand at the end of the year equal $3,800. Record the adjusting entry. Note: Enter debits before credits. Prepare an adjusted trial balance. Journal entry worksheet 1 Record the entry to close the expense accounts. Note: Enter debits before credits. [The following information applies to the questions displayed below.] The general ledger of Zips Storage at January 1, 2024, includes the following account balances: 4. Prepare an unadjusted trial balance. 8-a. Prepare the income statement for the year ended December 31, 2024. Record the entry to close the revenue accounts. Note: Enter debits before credits. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. 9. Record closing entries, (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the firt account field.) Provide services of $12,700 related to cash paid in advance by customers. Record the adjusting entry. Note: Enter debits before credits. Record the adjusting entry for insurance explred during the year of $7,900. Note: Enter debits before credits. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Required: 2. Record each of the summary transactions listed above. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Required information ZIPS STORAGE Income Statement For the Year Ended December 31, 2024 Expenses: Total Expenses 0