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financial accounting 19. $ What is the Service revenue account balance at the end of the day? 20. S What is the Advertising expense account
financial accounting 19. $ What is the Service revenue account balance at the end of the day? 20. S What is the Advertising expense account balance at the end of the day? Use the following to answer questions 21 - 27 ASSETS LIABILITIES & STOCKHOLDERS' EQUITY A Cash F. Accounts Payable B. Accounts Receivabic G. Salaries Payabic C. Supplies H. Deferred revenue D. Prepaid advertising Notes Payable E. Equipment Retained Earnings INCOME STATEMENT ACCOUNTS K Service Revue L Advertising expense M. Rent Expense N Salaries Wage expense o. Utilities expense February 1st transaction is completed as an example: Only include the letter of the account not the account name. Date Transaction AMOUNT February 01 Paid an Accounts Payable February 2 Borrowed from the bank February 7 Paid cash for new equipment February 14 Received the invoice for advertising, will pay next month February 15 Customers paid for services provided for the first two weeks February 28 Recorded salaries and wages for the month, will pay later Fshruary 28 Received cash in advance from customers will provide service later Date Account Debat EX FER F Anwar 500 puble (-) 5500 100 000 90.000 6,000 25.000 15.000 2.000 Credit Cash (4) 21. Feb 2 22. Feb 7 23. Feb 14 24. Feb 15 25. Feb 28 26. Feb 28
financial accounting
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