Problem 3-9A (Algo) Part 7 7. Prepare an adjusted trial balance. Answer...

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Accounting

Problem 3-9A (Algo) Part 7
7. Prepare an adjusted trial balance.
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\table[[ZIPS STORAGE],[Adjusted Trial Balance],[December 31,2024],[Accounts,,Debit,Credit],[Cash,$,119,800(,],[Accounts Receivable,,24,100>,],[Prepaid Insurance,,15,200\times ,],[Supplies,,12,400\times ,],[Land,,164,000>,],[Accounts Payable,,,$ 7.700>],[Deferred Revenue,,,21,900\times ],[Common Stock,,,202,000],[Retained Earnings,,,47,700],[Dividends,,4,400,],[Service Revenue,,,210,300\times ],[Property Tax Expense,,10,100>,],[Salaries Expense,,139,600>,],[Insurance Expense,,,],[Supplies Expense,,,],[Total,$,489,600,$ 489,600]]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, $53,100.
April 25 Receive cash in advance from customers, $14,500.
May 6 Purchase supplies on account, $12,400.
July 15 Pay property taxes, $10,10.
September 10 Pay on accounts payable, $13,000.
October 31 Pay salaries, $139,600.
November 20 Issue shares of common stock in exchange for $43,00cash.
December 30 Pay $4,40 cash dividends to stockholders.
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