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2&3. Post the entries to the T-accounts. (Use the below format) Enter the balances brought forward from June 30, 2020: Cash (101) $6,200; Supplies (126)
2&3. Post the entries to the T-accounts. (Use the below format) Enter the balances brought forward from June 30, 2020: Cash (101) $6,200; Supplies (126) $1,050; Equipment (161) $8,200; Accounts Payable (201) $1,700; Unearned Teaching Revenue (233) $10,000; Taylor Smith, Capital (301) $3,200; Taylor Smith, Withdrawals (302) $13,200; Teaching Revenue (401) $46,600; Wages Expense (623) $26,650; and Rent Expense (640) $6,200. Beg Bal. July 02 End.Bal 101:Cash 126: Supplies Beg Bal End.Bal. 161:Equipment 201 Accounts Payable Beg.Bal. Beg Bal End.Bal. 233:Unearned Teaching Revenue End.Bal. 301: Taylor Smith. Capital Next
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