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Creuils veUILS $ 24,900 15,700 12,600 151,000 ACCOUTILS Cash Accounts Receivable Prepaid Insurance Land Accounts Payable Deferred Revenue Common Stock Retained Earnings Totals $ 7,000 6,100 146,000 45,100 $204,200 $204,200 The following is a summary of the transactions for the year: 1. January 9 Provide storage services for cash, $137,100, and on account 2. February 12 Collect on accounts receivable, $51,800. 3. April 25 Receive cash in advance from customers, $13,200. 4. May 6 Purchase supplies on account, $9,800. 5. July 15 Pay property taxes, $8,800. 6. September 10 Pay on accounts payable, $11,700. 7. October 31 Pay salaries, $126,600. 8. November 20 Issue shares of common stock in exchange for $30,000 cash. 9. December 30 Pay $3,100 cash dividends to stockholders. Insurance expired during the year is $7.300. Supplies remaining on hand at the end of the year equal $3,200. Provide services of $12,100 related to cash paid in advance by customers. Requirement General General Journal Income Ledger Trial Balance Balance Sheet Statement Prepare the journal entries for transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Zips Storage Income Statement For the Year Ended December 31, 2021 Revenues: 0 Total Revenues Expenses Total Expenses 0 0 $ 0

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