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Exercise 2-15A Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. 1. Accounts Receivable Service Revenue Debit Credit 8,800 8,800 2. Supplies Accounts Payable
Exercise 2-15A Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. 1. Accounts Receivable Service Revenue Debit Credit 8,800 8,800 2. Supplies Accounts Payable 1,600 1,600 8,800 3. Cash Accounts Receivable 8,800 1,100 Advertising 4. Expense Cash 1,100 5. Accounts Payable Cash 2,300 2,300 1,200 6. Cash 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, $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 2,000 Beg. bal. Accounts Receivable Beg. bal. 2,800 (1) |(3) f(3) End. bal. End. bal. Supplies 260 Beg. bal. (2) Accounts Payable 2,100 Beg. bal. f(2) (5) End. bal. End. bal. Deferred Revenue 160 Service Revenue 0 Beg. bal. Beg. bal. (1) End. bal. End. bal. Advertising Expense 0 Beg. bal. (4) End. bal
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