Question: i need help Required information Problem 3-9A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) The general ledger of Zips Storage at January

i need help
i need help Required information Problem 3-9A Complete the full accounting cycle
(LO3-3, 3-4, 3-5, 3-6, 3-7) The general ledger of Zips Storage at
January 1, 2021, includes the following account balances: Accounts Debits Credits Cash

Required information Problem 3-9A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6, 3-7) The general ledger of Zips Storage at January 1, 2021, includes the following account balances: Accounts Debits Credits Cash $ 25, 100 Accounts Receivable 15,900 Prepaid Insurance 13,000 Land 153,000 Accounts Payable $ 7,200 Deferred Revenue 6,300 Common Stock 148,000 Retained Earnings 45,500 Totals $207,000 $207,000 The following is a summary of the transactions for the year. 1. January 9 Provide storage services for cash, $139, 100, and on account, $54,700. 2. February 12 Collect on accounts receivable, $52,000. 3. April 25 Receive cash in advance from customers, $13,400. 4. May 6 Purchase supplies on account, $10,200. 5. July 15 Pay property taxes, $9,000, 6. September 10 Pay on accounts payable, $11, 900. 7. October 31 Pay salaries, $128,600. 8. November 20 Issue shares of common stock in exchange for $32,000 cash. 9. December 30 Pay $3,300 cash dividends to stockholders. Problem 3-9A Part 8 8-a. Prepare the income statement for the year ended December 31, 2021. ZIPS STORAGE Income Statement For the Year Ended December 31, 2021 Expenses: Total Expenses 0 8-b. Prepare the classified balance sheet for the year ended December 31, 2021. (Amounts to be deducted should be indicated by a minus sign.) ZIPS STORAGE Balance Sheet December 31, 2021 Assets Llabilities Current assets Current liabilities: 0 Total current liabilities Stockholders' Equity 0 Total current assets Long-term assets es 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0 $ 0 Total assets

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