Requirement 2. T-accounts have been opened for you. Post the journal entries to the T-accounts, and calculate account balances. Use the transaction dates as posting references. For the account balances, use a "Bal." posting reference on the proper side of each account to show the ending balances of the accounts.

Cash

Accounts Payable

Canoe Rental Revenue

Rent Expense

Office Supplies

Telephone Payable

Unearned Revenue

Utilities Expense

Canoes

Land

Winter, Capital

Building