Journal entry worksheet Record the entry to close the revenue accounts. Note: Enter debits before...

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Accounting

Journal entry worksheet
Record the entry to close the revenue accounts.
Note: Enter debits before credits. Journal entry worksheet
Record the entry to close the expense accounts.
Note: Enter debits before credits. Journal entry worksheet
12
Record the entry to close the dividends account.
Note: Enter debits before credits.Required Information
Problem 3-9A (Algo) Complete the full accounting cycle (LO3-3,3-4,3-5,3-6,
3-7)
[The following information applles 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, $53,1.
April 25 Receive cash in advance from customers, $14,500.
May 6 Purchase supplies on account, $12,400.
July 15 Pay property taxes, $10,100.
September 10 Pay on accounts payable, $13,0.
October 31 Pay salaries, $139,600.
November 20 Issue shares of common stock in exchange for $43,00 cash.
December 30 Pay $4,40 cash dividends to stockholders.
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