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Activity 1.a - Verifying Ending Balances for Specific Accounts Calculate and enter the ending balance for each t-account. Post each transaction from the T-account into
Activity 1.a - Verifying Ending Balances for Specific Accounts Calculate and enter the ending balance for each t-account. Post each transaction from the T-account into the ledger. Enter the transactions in chronological order. Explanations and posting references are not required. Then, calculate and enter the ending bala of each ledger account. Leave any unused cells blank. Inventory Inventory Dec. 1 25,600 28,700 Dec. 3 Date Explanation Ref. Debit Credit Balance Dec 2 5,000 13,200 Dec. 5 25,600 Dec. 4 20,200 6,900 Dec 8 30,600 Dec. 6 10.100 1,300 Dec. 9 1,900 Dec. 7 23,600 19,400 Dec 10 22.100 8,900 19,000 42,600 35,700 34,400 Dec. 2 19,800 60,800 Dec 1 Date Explanation Ref. Debit Credit Balance 3.100 Dec. 3 26,600 60,800 Dec. 5 15.100 Dec. 4 16,200 41.000 Dec. 7 2,900 7.500 Dec 8 Dec 6 37.900 2800 Dec 9 17,600 Dec. 10 41,300 400 41.900 58.100 61,000 102.300 Sales Revenue Sales Revenue Balance Credit Ref. Debit Explanation Date 57.400 Dec. 1 57,400 25,100 Dec. 2 82.500 15,300 Dec. 3 97.800 2,700 Dec 4 100,500 39,000 Dec. 5 Sales Revenue Sales Revenue Dec. Explanation Ref. Debit Credit 57.400 Balance Date 25,100 Dec. 2 57,400 15,300 Dec 3 82,500 2,700 Dec 4 97,800 39,000 Dec 5 100,500 Rent Expense Rent Expense Dec 1 42,300 Date Explanation Ref. Debit Credit Balance Dec. 2 6,800 Dec 3 42,900 32,600 Dec 4 16,300 49.100 Dec s 38.100 81,700 98,000 CHECK ANSWER SKIP TO NEXT pe
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