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Post the following transactions to T-accounts and determine each account's ending balance. Account Titles Debit Credit 1 Supplies 2,800 Supplies Cash Service Revenue Accounts Payable
Post the following transactions to T-accounts and determine each account's ending balance.
Account Titles | Debit | Credit | ||||||||||
1 | Supplies | 2,800 | Supplies | Cash | Service Revenue | |||||||
Accounts Payable | 2,800 | |||||||||||
2 | Accounts Receivable | 4,000 | ||||||||||
Service Revenue | 4,000 | |||||||||||
3 | Cash | 3,000 | ||||||||||
Accounts Receivable | 3,000 | |||||||||||
4 | Accounts Payable | 1,000 | ||||||||||
Cash | 1,000 | Accounts Receivable | Accounts Payable | |||||||||
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