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2B-12 2B-4. (This problem is the reverse of problem 2B-2)The following general journal is taken from HAMMEL Corporation's books for August 20x1 (explanations are omitted):

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2B-12 2B-4. (This problem is the reverse of problem 2B-2)The following general journal is taken from HAMMEL Corporation's books for August 20x1 (explanations are omitted): GENERAL JOURNA DATE DEBIT CREDIT DESCRIPTION Cash Common stock 34,000 Service revenue dAccounts receivable Service revenue 16 Cash Cash 38,000 Utilities expense 9,000 Cash 9,000 h. Interest expense Cash 3,000 Note payable Cash 24,000 Accounts payable Cash 7,800 k. Cash 6,000 Accounts receivable 6,000 Dividends 8,000 8,000 Required: Post each of the transactions to the ledger using the T-account format. Be sure to label each entry with the letter listed under the date column of the journal. Show the ending balance in each account assuming that the beginning balances were zero. Chapter 2 Section B

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