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Consider the recorded transactions below. Debit 1. Accounts Receivable Service Revenue Credit 9,300 9,300 2. Supplies 1,350 Accounts Payable 1,350 3. Cash 8,300 Accounts Receivable
Consider the recorded transactions below. Debit 1. Accounts Receivable Service Revenue Credit 9,300 9,300 2. Supplies 1,350 Accounts Payable 1,350 3. Cash 8,300 Accounts Receivable 8,300 4. Advertising Expense 1,000 Cash 1,000 5. Accounts Payable Cash 1,800. 1,800 6. Cash 1,100 Deferred Revenue 1,100 Required: Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $1.500, Accounts Receivable. $2,300: Supplies, $210, Accounts Payable $1,600: Deferred Revenue, $110 Service Revenue and Advertising Expense each have a beginning balance of zero. Cash Acenints Receivable Deferred Revenue Required: 1,100 Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $1,500, Accounts Receivable, $2,300, Supplies, $210, Accounts Payable, $1,600, Deferred Revenue, $110. Service Revenue and Advertising Expense each have a beginning balance of zero. Beg. bal End bal Cash Accounts Receivable Beg bal End bal Supplies Accounts Payable Beg bal Beg bal End bal End bal Deferred Revenue Service Revenue End. bal. End. bal. Supplies Accounts Payable Beg. bal. Beg. bal. End. bal. End. bal. Deferred Revenue Service Revenue Beg. bal. Beg. bal. End. bal. Advertising Expense Beg bal End. bal. End. bal
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