Required information. [The following information applies to the questions displayed below] The general ledger of Jackrabbit Rentals at January 1, 2024, includes the following account balances. Credits 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 191 4. April 30 Debits $55,500 39,700 124,800 The following is a summary of the transactions for the year $220,000 $16,700 44,000 114,000 45,300 $220,000 Provide services to customers on account, $76,400. Provide services to customers for cash, $82,300. Collect on accounts receivable, $47,100. Issue shares of common stock in exchange for $44,000 cash. Purchase supplies on account, $14,900. closing friel balance. Pay on accounts payable, $12,700. 5. June 16 6. July 7 7. September 30 Pay salaries for employee work in the current year, $78,200. 8. November 22 Pay advertising for the current year, $23,900, 9. December 30 Pay $4,300 cash dividends to stockholders. The following information is available for the adjusting entries. Accrued interest on the notes payable at year-end amounted to $3.900 and will be pold January 1, 2025, Accrued solanes at year-end amounted to $2,900 and will be paid on January 5, 2025. Supplies remaining on hand at the end of the year equal $3.700

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