1. Business
  2. Accounting
  3. consider the recorded transactions belovw debit credit 1 accounts receivable...

Question: consider the recorded transactions belovw debit credit 1 accounts receivable...

Question details

Consider the recorded transactions belovw Debit Credit 1. Accounts Receivable Service Revenue 8,600 8,600 2. Supplies 1.700 Accounts Payable 1,700 3. Cash 9.000 Accounts Receivable 9,000 4 Advertising Expense 1,200 Cash 1,200 5. Accounts Payable Cash 2,500 2,500 6. Cash 1,000 Deferred Revenue 1,000 Required Post each transaction to T-accounts and calculate the ending balance for each account. The beginning balance of each account before the transactions is: Cash, $2,200; Accounts Receivable, $3,000; Supplies, $280; Accounts Payable, $2,300; Deferred Revenue, $180. Service Revenue and Advertising Expense each have a beginning balance of zero Cash Accounts Receivable Beg. bal Beg. bal End. bal End. balSupplies Accounts Payable Beg. bal. Beg. bal End. bal. End. bal Deferred Revenue Service Revenue Beg. bal. Beg. bal. End. bal End. bal. Advertising Expense Beg. bal. End. bal

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