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Consider the recorded transactions below. Debit 8,800 Credit 1 Accounts Receivable Service Revenue 8,800 1,600 2. Supplies Accounts Payable 1,600 3. Cash 8,800 Accounts Receivable
Consider the recorded transactions below. Debit 8,800 Credit 1 Accounts Receivable Service Revenue 8,800 1,600 2. Supplies Accounts Payable 1,600 3. Cash 8,800 Accounts Receivable 8,800 4. Advertising Expense Cash 1,100 1,100 5. Accounts Payable Cash 2,300 2,300 6. Cash 1,200 1,200 Deferred Revenue Required Post each transaction to T-accounts and calculate the ending balance for each account. The beginning balance of each account before the transactions is: Cash, $2,000; Accounts Receivable, $2,800; Supplies, $260; Accounts Payable, $2,100; Deferred Revenue, $160. Service Revenue and Advertising Expense each have a beginning balance of zero Cash Beg. bal Beg. ba End. bal. End. bal. s Payable Beg, bal End. bal End. bal Service Revenu Beg. bal Beg. ba End. bal End. bal. Advertising Expense Beg. bal. End. bal
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