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a) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Assume that the beginning and ending balances

a) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Assume that the beginning and ending balances are on the normal side of the account; that is, the side on which the balance increases.

Service Fee Revenue
3/1 Beginning balance 6,000
3/6 Transaction A 3,000
3/28 Transaction C ? 3/22 Transaction B 3,500
Ending balance 10,500

b) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Assume that the beginning and ending balances are on the normal side of the account; that is, the side on which the balance increases.

Cash
1/1 Beginning balance ? 1/16 Transaction C 4,500
1/3 Transaction A 2,500 1/20 Transaction D 2,200
1/15 Transaction B 4,000 1/29 Transaction F 3,500
1/28 Transaction E 3,400
Ending balance 9,800

c) For each of the following t-accounts, calculate the missing amount and enter it in the space provided. Assume that the beginning and ending balances are on the normal side of the account; that is, the side on which the balance increases.

Accounts Payable
6/4 Transaction A 1,500 6/1 Beginning balance 3,000
6/8 Transaction C 2,000 6/6 Transaction B ?
6/29 Transaction D 3,400
Ending balance 6,700

d) For each of the following t-accounts, calculate the missing amount and enter it in the space provided.

Inventory
4/1 Beginning balance 40,000 4/9 Transaction A 8,000
4/15 Transaction B 5,000 4/28 Transaction C 25,000
Ending balance ?

e) For each of the following t-accounts, calculate the missing amount and enter it in the space provided.

Taxes Payable
2/1 Beginning balance 30,000
2/6 Transaction A 25,000
2/28 Transaction C ? 2/22 Transaction B 3,500
Ending balance 40,500

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