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Accounting

* all of the steps must be done in Excel.
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THE ACCOUNTING CYCLE The general ledger of Zips Storage at January 1,2021, includes the following account balances The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $134,100, and on account $52,200. 2. February 12 Collect on accounts receivable, $51,500 3. April 25 Receive cash in advance from customers. $12,900. 4. May 6 Purchase supplies on account, $9,200. 5. July 15 Pay property taxes, $8,500. 6. September 10 Pay on accounts payable, $11,400. 7. October 31 Pay salaries, $123,600. 8. November 20 Issue shares of common stock in exchange for $27,000cash. 9. December 30 Pay $2,800 cash dividends to stockholders

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