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answer of 46,47 46. Consider the following transactions for Lemming Corporation: Sell ordinary share for $10,000. Purchase equipment for $11,000 cash. Pay employee salaries of

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answer of 46,47
46. Consider the following transactions for Lemming Corporation: Sell ordinary share for $10,000. Purchase equipment for $11,000 cash. Pay employee salaries of $3,500. Provide services to customers for $6,000 cash. Required: 1. Post these transactions to the Cash T-account. Assume the balance of Cash before these transactions is $4,000. 2. Calculate the ending balance of the Cash account. 47. Consider the following transactions for a company: Sell ordinary shares for $10,000. O Purchase equipment for $8,500 cash. Provide services to customers for $6,000. Pay employee salaries of $3,500. Required: 1. Post these transactions to the Cash T-account. Assume the balance of Cash before these transactions is $3,000. 2. How much is ending balance of cash

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