Problem 3-9B (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 Jackrabbit Rentals at January 1, 2024, Includes the following account balances Accounts Debits Credits Cash $44,500 Accounts Receivable. 28,700 Land 113,800 Accounts Payable $15,600 Notes Payable (due in 2 years) 33,000 Common Stock 103,000 Retained Earnings 35,400 Totals $187,000 $187,000 The following is a summary of the transactions for the year: 1. January 12 2. February 25 3. March 19 4. April 30 5. June 16 6. July 7 7. September 30 8. November 22 9. December 30 Provide services to customers on account, $65,400. Provide services to customers for cash, $76,800. Collect on accounts receivable, $46,000. Issue shares of common stock in exchange for $33,000 cash. Purchase supplies on account, $12,700. Pay on accounts payable, $11,600. Pay salaries for employee work in the current year, $67,200. Pay advertising for the current year, $22,800. Pay $3,200 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,800 and will be paid January 1, 2025. Accrued salaries at year-end amounted to $1,800 and will be paid on January 5, 2025 Supplies remaining on hand at the end of the year equal $2,600 Problem 3-9B (Algo) Parts 1, 3, 6 and 10 1.3.6. & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances