16. $ 17. $ 18. $ 19. $ 20. $ What is the Supplies account balance at the end of the day? What is the Accounts payable account balance at the end of the day? What is the Deferred revenue account balance at the end of the day? What is the Service revenue account balance at the end of the day? What is the Advertising expense account balance at the end of the day? Use the following to answer questions 21-27 A. Cash ASSETS B. Accounts Receivable C. Supplies D. Prepaid advertising E. Equipment LIABILITIES & STOCKHOLDERS' EQUITY F. Accounts Payable G. Salaries Payable H. Deferred revenue 1. Notes Payable J. Retained Earnings INCOME STATEMENT ACCOUNTS K. Service Revenue L Advertising expense M. Rent Expense N. Salaries/Wage expense O. Utilities expense February 1" transaction is completed as an example: Only include the letter of the account not the account name. Date Transaction AMOUNT Eebruary 01 (ex) Paid an Accounts Payable $1,500 February 2 Provided services for customers who paid last week. 12,000 February 7 Purchased equipment by signing a note. 125,000 February 14 Paid rent for the month 4,000 February 15 Provided services for customers for cash. 75,000 February 27 February 28 Paid salaries and wages for the first two weeks of February Received utility bill, will pay next week. 30,000 3,000 ex Date FEB 1 Account Debit Credit F A Account payable (L) Cash (A-) 1,500 1,500 21. Feb 2 22. Feb 7 223 23. Feb 14 24. Feb 15 25. Feb 27 26. Feb 28 Cash 10,000 1,500 (ex). 27, If January 31st cash was $10,000, what is the cash balance at the end of the day on 2/28? (The example has been posted for your benefit).