CASH FLOWS, REVENUES, AND EXPENSES. Sycamore Laundry and Dry Cleaners had the following account balances at the end of 19x8 and 19x9:

REQUIRED:
Determine the amount of cleaning solvent expense, garment bag expense, dry cleaning revenue, and laundry revenue for 19x9. Prepare T-accounts to support your answer.

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12/31/x8 12/31/x9 Supplies inventory, cleaning solvent Supplies inventory, garment bags Unearned revenue, dry cleaning Unearned revenue, laundry $2,100 $4,340 295 230 1,890 2,160 3,255 1,860 During 19x9 Sycamore recorded the following cash inflows and outflows. All amounts received were credited to unearned revenue accounts and all amounts paid were deb- ited to inventory accounts. Cleaning solvent purchases Garment bag purchases Dry cleaning revenues received in advance Laundry revenues received in advance $187,300 1,390 846,740 418,350