Problem 3-98 (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 Jackrabbit Rentals at January 1, 2024, includes the following account balances: Accounts Cash Accounts Receivable Land Accounts Payable Notes Payable (due in 2 years) Common Stock Retained Earnings Totals 1. January 12 2. February 25 3. March 19 Debits $44,500 28,700 113,800 $187,000 Credits The following is a summary of the transactions for the year. કરાdlces Provide services to customers on account, $65,400. Provide services to customers for cash, $76,800. Collect on accounts receivable, $46,000. Problem 3-9B (Algo) Part 11 11. Prepare a post-closing trial balance. $15,600 33,000 103,000 35,400 $187,000 4. April 30 Issue shares of common stock in exchange for $33,000 cash. Purchase supplies on account, $12,700. 5. June 16 6. July 7 Pay on accounts payable, $11,600. 7. September 30 Pay salaries for employee work in the current year, $67,200. 8. November 221 Pay advertising for the current year, $22,800. 9. December 30 Pay $3,200 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $2,800 and will be paid January 1, 2025. Accrued salari at year-end amounted to $1,800 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the year equal $2,600

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