2 7 points eBook Print Exercise 2-14 (Algo) Post transactions to Cash T-account (LO2-5) Consider the following transactions. 1. Receive cash from customers, $16,400. 2. Pay cash for employee salaries, $10,400. 3. Pay cash for rent, $4,400. 4. Receive cash from sale of equipment, $9,400. 5. Pay cash for utilities, $2,400. 6. Receive cash from a bank loan, $5,400. 7. Pay cash for advertising, $8,400. 8. Purchase supplies on account, $4,400. References Required: Post transactions to the Cash T-account and calculate the ending balance. Cash Debit Credit Beginning Balance 20,400 (1) 16,400 10,400 (2) (4) 9,400 4,400 (3) (5) 2,400 Ending Balance