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8 2 points eBook Hint Print References Exercise 2-15 (Algo) Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. Transaction 1. 2. 3. 4.
8 2 points eBook Hint Print References Exercise 2-15 (Algo) Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. Transaction 1. 2. 3. 4. 5. 6. Debit Beginning Balance Accounts Receivable Service Revenue Supplies Account Name Accounts Payable Cash Accounts Receivable Advertising Expense Cash Accounts Payable Cash Cash Deferred Revenue Cash Debit 8, 200 Credit 2,200 10,000 1,100 3,500 1,200 Credit 8,200 2,200 10,000 Required: Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $3,200; Accounts Receivable, $4,000; Supplies, $380; Accounts Payable, $3,300; Deferred Revenue, $280. Service Revenue and Advertising Expense each have a beginning balance of zero. 1,100 3,500 1,200 Debit Beginning Balance Accounts Receivable Credit
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