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ACCT 201 Use this beginning trial balance, the following transactions, and the t-accounts on page 2 to complete the ending trial balance on page 3.

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ACCT 201 Use this beginning trial balance, the following transactions, and the t-accounts on page 2 to complete the ending trial balance on page 3. (5 points for correct journal entries) beginning trial balance dr cr cash 5,500 1,900 7,200 2,400 23,000 accounts receivable prepaid insurance com accounts payable common stock retained earnings dividends revenue rent expense 7,900 22,000 4,000 2.100 700 48,300 Transaction Description a paid rent for the period-$1,050 b earned revenue of $1,850 (customer paid cash) c paid $1,700 towards accounts payable d earned revenue of $660 to be received in 45 days paid salaries $790

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