Question: I don't know which part I missed because it shows Incomplete. * Please Show your work clearly in the Adjusted- Income Statement and the Adjusted




I don't know which part I missed because it shows Incomplete.
* Please Show your work clearly in the Adjusted- Income Statement and the Adjusted - Balance Sheet. Thank you!
Return to question Problem 3-9A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) (GL) The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Credits Debits $ 25,800 16,600 14,400 160,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 7,900 7,000 155,000 46,900 $216,800 $216,800 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash. $146.100, and on account. $58.200. Return to question The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $146, 100, and on account, $58,200. 2. February 12 Collect on accounts receivable, $52,700. 3. April 25 Receive cash in advance from customers, $14, 100. 4. May 6 Purchase supplies on account, $11,600. 5. July 15 Pay property taxes, $9,700. 6. September 10 Pay on accounts payable, $12,600. 7. October 31 Pay salaries, $135,600. 8. November 20 Issue shares of common stock in exchange for $39,000 cash. 9. December 30 Pay $4,000 cash dividends to stockholders. Insurance expired during the year is $8,200. Supplies remaining on hand at the end of the year equal $4,100. Provide services of $13,000 related to cash paid in advance by customers. Answer is not complete. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet Choose the appropriate accounts to be reported on the income statement The unadiusted adjusted or post-closing balances Adjusted Zips Storage Income Statement For the Year Ended December 31, 2021 Revenues: Service Revenue 217,300 217,300 Total Revenues Expenses: Property Tax Expense Salaries Expense Insurance Expense Supplies Expense 9,700 135,600 8,200 7,500 Total Expenses 161.000 Adjusted Zips Storage Balance Sheet December 31, 2021 Assets Liabilities Current Assets: Cash Current Liabilities: Accounts Payable Deferred Revenue 6,900 Accounts Receivable 8.100 lolololo 115,800 22,100 6,200 4,100 Prepaid Insurance Supplies 15,000 Total Current Liabilities Stockholders' Equity Common Stock Total current assets 148,200 194,000 Retained Earnings O 99,200 Long-term Assets: Land 160,000 0 0 Total Stockholders' Equity 293,200
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