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: Credits Debits $ 26,300 17,100 15,400 165,000 Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 8,400 7,500 160,000 47,900 $223,800 $223,800 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $151, 100, and on account, $60,700. 2. February 12 Collect on accounts receivable, $53,200. 3. April 25 Receive cash in advance from customers, $14,600. 4. May 6 Purchase supplies on account, $12,600. 5. July 15 Pay property taxes, $10,200. 6. September 10 Pay on accounts payable, $13,100. 7. October 31 Pay salaries, $140.600. 8. November 20 Issue shares of common stock in exchange for $44,000 cash. 9. December 30 Pay $4,500 cash dividends to stockholders. Problem 3-9A Part 9 Part 6 of 9. Record closing entries. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)