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Ing's general journal for the month of June is presented here: GENERAL JOURNAL Account Titles Debit Credit June 1 Cash 2,500 Common Shares 2,500
Ing's general journal for the month of June is presented here: GENERAL JOURNAL Account Titles Debit Credit June 1 Cash 2,500 Common Shares 2,500 4 Supplies 250 Accounts Payable 250 7 Accounts Receivable 300 Service Revenue 300 18 Cash 200 Accounts Receivable 200 25 25 No Entry 0 No Entry 0 27 Cash 200 Deferred Revenue 200 28 Accounts Payable 250 Cash 250 29 29 Income Tax Expense 100 100 Cash Using T accounts, post the above journal entries recorded for Ing Ltd. to the general ledger, and determine the ending balances in each account. (Post entries in the order presented in the problem.)
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