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11)

all information needed is given in the "summary of transactions for the year"

Post the transactions, adjusting entries, and closing entries in the T-accounts.

AND INCLUDE BEGINNING BALANCES

Use Accural Accounting, revenue recognition principle, and matching principle using the information previously provided! Fill out the T charts accordingly using the information provided above!!

Required information 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: 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 19 Pay on accounts payable, \$12,600. 7. October 31 Pay salaries, \$135,600. 8. November 20 Issue shares of common stock in exchange for $39,060 cash. 9. Decenber 30 Pay $4,008 cash dividends to stockholders. 1. 3. 6. \& 10. Post the transactlons, adjusting entries and closing entries to the T-accounts. Be sure to lnclude beginning balances. \begin{tabular}{|l|l|l|l|} \hline & Accounts Payable \\ \hline Begnning Balance- Debit & & & \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline \end{tabular} 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, $11,60. 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 $39,00 cash. 9. December 30 Pay $4,000 cash dividends to stockholders. Required information 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: Required information 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 Zlps Storage at January 1, 2024, includes the following account balances: \begin{tabular}{|l|l|l|l|} \hline & & & Accounts Recelvable \\ \hline Begining Balance & & & \end{tabular} (1) Required information Required information 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: 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 19 Pay on accounts payable, \$12,600. 7. October 31 Pay salaries, \$135,600. 8. November 20 Issue shares of common stock in exchange for $39,060 cash. 9. Decenber 30 Pay $4,008 cash dividends to stockholders. 1. 3. 6. \& 10. Post the transactlons, adjusting entries and closing entries to the T-accounts. Be sure to lnclude beginning balances. \begin{tabular}{|l|l|l|l|} \hline & Accounts Payable \\ \hline Begnning Balance- Debit & & & \end{tabular} \begin{tabular}{|l|l|l|l|l|} \hline \end{tabular} 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, $11,60. 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 $39,00 cash. 9. December 30 Pay $4,000 cash dividends to stockholders. Required information 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: Required information 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 Zlps Storage at January 1, 2024, includes the following account balances: \begin{tabular}{|l|l|l|l|} \hline & & & Accounts Recelvable \\ \hline Begining Balance & & & \end{tabular} (1) Required information