Exercise 2-15 Post transactions to T-accounts (LO2-5)

Consider the recorded transactions below.

		Debit	Credit
1.	Accounts Receivable	8,500
	Service Revenue		8,500
2.	Supplies	1,750
	Accounts Payable		1,750
3.	Cash	9,100
	Accounts Receivable		9,100
4.	Advertising Expense	1,100
	Cash		1,100
5.	Accounts Payable	2,600
	Cash		2,600
6.	Cash	1,200
	Deferred Revenue		1,200

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, $2,300; Accounts Receivable, $3,100; Supplies, $290; Accounts Payable, $2,400; Deferred Revenue, $190. Service Revenue and Advertising Expense each have a beginning balance of zero.

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, $2,300; Accounts Receivable, $3,100; Supplies, $290; Accounts Payable, $2,400; Deferred Revenue, $190. 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 Beg. bal End. bal