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: Accounts Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Debits Credits $25,900 16,700 14,600 161,000 $8,000 7,100 156,000 47,100 Retained Earnings Totals $218,200 $218,200 The following is a summary of the transactions for the year: 1. January 9 2. February 12 3. April 25 4. May 6 5. July 15 6. September 10 7. October 31 8. November 20 9. December 30, Provide storage services for cash, $147,100, and on account, $58,700. Collect on accounts receivable, $52,800. Receive cash in advance from customers, $14,200. Purchase supplies on account, $11,800. Pay property taxes, $9,800. Pay on accounts payable, $12,700. Pay salaries, $136,600. Issue shares of common stock in exchange for $40,000 cash.. Pay $4,100 cash dividends to stockholders. 3.6.& 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Cash Debit Beginning Balance Ending Balance Beginning Balance Ending Balance Credit Accounts Receivable Debit Credit Beginning Balance Ending Balance Prepaid Insurance Supplies Debit Credit Debit Credit Beginning Balance Ending Balance: Beginning Balance Ending Balance Land Accounts Payable Debit Credit: Debit Credit Beginning Balance Beginning Balance Ending Balance Debit Deferred Revenue Ending Balance Common Stock Credit Debit Credit Beginning Balance Ending Balance Beginning Balance Ending Balance Retained Earnings Service Revenue Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Dividends Property Tax Expense) Debit Credit Debit Credit Beginning Balance Ending Balance + Salaries Expense Insurance Expense Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Beginning Balance Ending Balance Supplies Expense Debit Credit Ending Balance