Consider the following transactions. 1. Receive cash from customers, $15,700. 2. Pay cash for employee salaries, $9,700. 3. Pay cash for rent, $3,700. 4. Receive cash from sale of equipment, $8,700. 5. Pay cash for utilities, $1,700. 6. Receive cash from a bank loan, $4,700. 7. Pay cash for advertising, $7,700. 8. Purchase supplies on account, $3,700. Required: Post transactions to the Cash T-account and calculate the ending balance. Debit Beginning Balance Ending Balance Cash 12,700 Credit

Consider the following transactions. 1. Receive cash from customers, $15,700. 2. Pay cash for employee salaries, $9,700. 3. Pay cash for rent, $3,700. 4. Receive cash from sale of equipment, $8,700. 5. Pay cash for utilitics, $1,700. 6. Recelve cash from a bank loon, $4,700. 7. Pay cash for advertising, $7,700. 8. Purchase supplies on account, $3,700. Required: Post transactions to the Cash T-account and calculate the ending balance