Question
Post the following transactions to T-accounts and determine each account's ending balance. 1. Supplies............................................................................................. 2,000 Accounts Payable..................................................................... 2,000 2. Accounts Receivable......................................................................... 4,000 Service Revenue....................................................................... 4,000
Post the following transactions to T-accounts and determine each account's ending balance.
1. Supplies............................................................................................. 2,000
Accounts Payable..................................................................... 2,000
2. Accounts Receivable......................................................................... 4,000
Service Revenue....................................................................... 4,000
3. Cash 3,500
Accounts Receivable 3,500
4. Accounts Payable 1,000
Cash 1,000
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