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8-b. Prepare the classified balance sheet for the year ended December 31, 2024. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Required information 8-o. Prepare the income statement for the year ended December 31, 2024. Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. 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: 1. January 9 2. Tebruary 12 3. April 25 4. May 6 5. July 15 6. September 18 7. Detober 31 8. Novinber 20 9. Decenber 39 Provide storage services for cash, $147,100, and on account, $58,700. Collect on accounts receivable, $52,800. Receive cash in advance from custoeters, $14,200. Purchase supplies on account, $11,800. Pay property taxes, \$9,809. Pay on accounts payable, $12,700. Pay salaries, $136,600. Issue shares of comin stock in exchange fon $40,000 cash. Pay 54,100 cash dividends to stockholders. 7. Prepare an adjusted trial balance. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits. 8-b. Prepare the classified balance sheet for the year ended December 31, 2024. Journal entry worksheet Record the entry to close the dividends account. Note: Enter debits before credits. Required information 8-o. Prepare the income statement for the year ended December 31, 2024. Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before credits. 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: 1. January 9 2. Tebruary 12 3. April 25 4. May 6 5. July 15 6. September 18 7. Detober 31 8. Novinber 20 9. Decenber 39 Provide storage services for cash, $147,100, and on account, $58,700. Collect on accounts receivable, $52,800. Receive cash in advance from custoeters, $14,200. Purchase supplies on account, $11,800. Pay property taxes, \$9,809. Pay on accounts payable, $12,700. Pay salaries, $136,600. Issue shares of comin stock in exchange fon $40,000 cash. Pay 54,100 cash dividends to stockholders. 7. Prepare an adjusted trial balance. Journal entry worksheet Record the entry to close the expense accounts. Note: Enter debits before credits

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