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

 Problem 3-9A Complete the full accounting cycle (LO3-3, 3-4, 3-5, 3-6,

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 $ 24,700 15.500 12,200 149,000 Accounts cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 6,800 5.900 144.000 44,700 $201,400 $201,400 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $135, 100, and on account, $52,700. 2. February 12 Collect on accounts receivable, $51,600. 3. April 25 Receive cash in advance from customers, $13,000. 1. May 6 Purchase supplies on account, $9,400. 5. July 15 Pay property taxes, $8,600. 6. September 10 Pay on accounts payable, $11,500. 7. October 31 Paysalaries, $124,600. B. November 20 Issue shares of common stock in exchange for $28,000 cash. 9. December 30 Pay $2,900 cash dividends to stockholders. Insurance expired during the year is $7,100. Supplies remaining on hand at the end of the year equal $3,000. Provide services of $11.900 related to cash paid in advance by customers. Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. The unadjusted, adjusted, or post-closing balances will appear for each account, based on your selection. Adjusted - Zips Storage Balance Sheet December 31, 2021 Assets Liabilities Current Assets: Current Liabilities: Total Current Liabilities Stockholders' Equity Total current assets Long-term Assets: Total Stockholders' Equity 0 Total Liabilities and Stockholders' Equity

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