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Exercise 2-15A Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. Debit 8,800 Credit 1. Accounts Receivable Service Revenue 8,800 1,600 2. Supplies Accounts
Exercise 2-15A Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. Debit 8,800 Credit 1. Accounts Receivable Service Revenue 8,800 1,600 2. Supplies Accounts Payable 1,600 8,800 3. Cash Accounts Receivable 8,800 1,100 4. Advertising 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. Accounts Receivable Cash 2,000 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
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