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Consider the recorded transactions below. Transaction Account Name Debit Credit 1. Accounts Receivable 8,200 Service Revenue 8,200 2. Supplies 2,200 Accounts Payable 2,200 3. Cash

Consider the recorded transactions below.

Transaction Account Name Debit Credit
1. Accounts Receivable 8,200
Service Revenue 8,200
2. Supplies 2,200
Accounts Payable 2,200
3. Cash 10,000
Accounts Receivable 10,000
4. Advertising Expense 1,100
Cash 1,100
5. Accounts Payable 3,500
Cash 3,500
6. Cash 1,200
Deferred Revenue 1,200

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, $3,200; Accounts Receivable, $4,000; Supplies, $380; Accounts Payable, $3,300; Deferred Revenue, $280. Service Revenue and Advertising Expense each have a beginning balance of zero.

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