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Required Informatlon Problem 3-9A (Algo) Complete the full accounting cycle (LO3-3,3-4,3-5,3-6,3-7) [The...

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Accounting

Required Informatlon
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:
The following is a summary of the transactions for the year:
January 9 Provide storage services for cash, $150,100, and on account, $60,200.
February 12 Collect on accounts receivable, $53,100.
April 25 Receive cash in advance from customers, $14,500.
May 6, Purchase supplies on account, $12,490.
July 15 Pay property taxes, $10,100.
September 10 Pay on accounts payable, $13,000.
October 31 Pay salaries, $139,600.
November 20 Issue shares of common stock in exchange for $43,0cash.
December 30 Pay $4,400 cash dividends to stockholders.
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