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Requirements 1 and 2 . T - accounts have been set up for Cash, Accounts Receivable, and Service Revenue. Start with the beginning balances as
Requirements and Taccounts have been set up for Cash, Accounts Receivable, and Service Revenue. Start with the beginning balances as follows: Cash $; Accounts Receivable $; and Service Revenue, $ Post the following transactions to the Taccounts:
a Service revenue of $ all on account
b Collections on account, $
What are the ending balances of Cash, Accounts Receivable and Service Revenue? Abbreviations used: Beg bal Beginning balance, End bal Ending balance, Uncoll acct exp Uncollectible Account Expense. Enter a for any zero balances.
Service Revenue
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