Post all transactions to the t-accounts and calculate ending balances. Make sure you post all transactions in chronological order.

Date Accounts and Explanation Debit Credit Dec. 1 Cash 25,700 Furniture 12,800 Common Stock 38,500 Date Accounts and Explanation Debit Credit Dec. 1 Prepaid Insurance 1,400 Cash 1,400 Date Accounts and Explanation Debit Credit Dec. 4 Office Supplies 460 Cash 460