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5 S eBook Print ferences Exercise 2-14A Post transactions to Cash 1-account (LO2-5) Consider the following transactions. 1. Receive cash from customers, $15,200. 2. Pay
5 S eBook Print ferences Exercise 2-14A Post transactions to Cash 1-account (LO2-5) Consider the following transactions. 1. Receive cash from customers, $15,200. 2. Pay cash for employee salaries, $9,200. 3. Pay cash for rent, $3,200. 4. Receive cash from sale of equipment, $8,200. 5. Pay cash for utilities, $1,200. 6. Receive cash from a bank loan, $4,200. 7. Pay cash for advertising, $7,200. 8. Purchase supplies on account, $3,200. Required: Post transactions to the Cash T-account and calculate the ending balance. Cash Beg. bal. 7,200 End. bal
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