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Consider the recorded transactions below Debit Credit 1. 8,100 Accounts Receivable Service Revenue 8,100 2. Supplies 2,150 Accounts Payable 2,150 3. Cash 9,900 Accounts Receivable
Consider the recorded transactions below Debit Credit 1. 8,100 Accounts Receivable Service Revenue 8,100 2. Supplies 2,150 Accounts Payable 2,150 3. Cash 9,900 Accounts Receivable 9,900 4. Advertising Expense 1,000 Cash 1,000 5.Accounts Payable Cash 3,400 3,400 6. Cash 1,100 Deferred Revenue 1,100 Required Post each transaction to T-accounts. The beginning balance of each account before the transactions is: Cash, $3,100; Accounts Receivable, $3,900; Supplies, $370; Accounts Payable, $3,200; Deferred Revenue, $270. Service Revenue and Advertising Expense each have a beginning balance of zero Cash Accounts Receivable Beg. bal Beg. bal 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 End. bal Advertising Expense End. bal
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