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Posting Journal Entries Trek Inc. recorded the following journal entries a through h in January 2020, its first period of operations. Post the journal entries
Posting Journal Entries
Trek Inc. recorded the following journal entries a through h in January 2020, its first period of operations.
Post the journal entries a through h to T-accounts (as ledgers), and determine the ending balance in each T-account.
Note: Enter amounts in the order that they are presented above (a through h), using the first available answer field on the appropriate side of the T-account. Not all answers will be used.
Question 2 Not complete Marked out of 44.00 Flag question C Posting Journal Entries Trek Inc. recorded the following journal entries a through hin January 2020, its first period of operations. a Cash 100 2,000 Common Stock 302 2,000 b. Operating Expense 525 1,300 Cash 100 1,300 Accounts Receivable 104 450 Service Revenue 400 450 d. Cash 100 250 Accounts Receivable 104 250 e. Equipment 160 750 Cash 100 750 f. Accounts Receivable 104 500 Service Revenue 400 500 g. Cash 100 1,200 Common Stock 302 1,200 h. Operating Expense 525 400 Accounts Payable 202 400 Post the journal entries a through h to T-accounts (as ledgers), and determine the ending balance in each T-account. Note: Enter amounts in the order that they are presented above (a through h), using the first available answer field on the appropriate side of the T-account. Not all answers will be used. Cash 100 Accounts Receivable 104 Equipment 160 Accounts Payable 202 Common Stock 302 Service Revenue 400 Operating Expense 525 CheckStep by Step Solution
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