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t PgUp Ctri End Alt Chapter 2 Processing Accounting Inform Analysis of Accounts Calculate the unknown amount in each of the following five independent situ-L

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t PgUp Ctri End Alt Chapter 2 Processing Accounting Inform Analysis of Accounts Calculate the unknown amount in each of the following five independent situ-L ations. The answer to situation (a) is given as an example. E2-3A. Beginning Ending Balance Balance Account Other Information a. Cash .. 7,000 $ 5,250 Total cash disbursed, $5,400. 000 17,500 2,500 9,300 20,000 1,720 Services on account, $16,500. Borrowed funds by issuing a note, $30,000. Payments on account, $2,900. 9, d. Accounts payable. e. Stockholders' equity2 29,000 46,000 Capital contribution, $5,000. Unknown Amounts Required b. Total cash collected from credit customers. . . . . . . . . . . . . . . c. Notes payable repaid during the period. .. . d. Goods and services received from suppliers on account.... e. Net income, assuming that no dividends were paid

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