Required information

Problem $3-9$B $($Algo$)$ Complete the full accounting cycle $($LO$3-3,3-4,3-5,3-6,3-7)$

$[$The following information applies to the questions displayed below.$]$

The general ledger of Jackrabbit Rentals at January $1,2024,$ includes the following account balances:

The following is a summary of the transactions for the year:

January $12$ Provide services to customers on account, $$80,400.$

February $25$ Provide services to customers for cash, $$84,300.$

March $19$ Collect on accounts receivable, $$47,500.$

April $30$ Issue shares of common stock in exchange for $$48,000$ cash.

June $16$ Purchase supplies on account, $$15,700.$

July $7$ Pay on accounts payable, $$13,100.$

September $30$ Pay salaries for employee work in the current year, $$82,200.$

November $22$ Pay advertising for the current year, $$24,300.$

December $30$ Pay $$4,700$ cash dividends to stockholders.

The following information is available for the adjusting entries.

Accrued interest on the notes payable at year$-$end amounted to $$4,300$ and will be paid January $1,2025.$ Accrued salaries

at year$-$end amounted to $$3,300$ and will be paid on January $5,2025.$ Supplies remaining on hand at the end of the year

equal $$4,100.$

Problem $3-9$B $($Algo$)$ Parts $1,3,6$ and $10$

& $10.$ Post the transactions, adjusting entries and closing entries to the T$-$accounts. Be sure to include beginning balances. $($need to also include the entry numbers, and if it is a closing entry or adjusting entry$)$