$\backslash$table$[[11,$Transaction,Account Name,Debit,Credit$],[,1.,\backslash$table$[[$Accounts Receivable$],[$Service Revenue$]],7,800,7,800],[,2.,$Supplies,$2,000,],[,,$Accounts Payable,,$2,000],[,3.,$Cash,$9,600,],[1,,$Accounts Receivable,,$9,600],[$points$,4.,$Advertising Expense,$1,000,],[,5.,$Accounts Payable,$3,100,1,000],[,$S$.,$Cash,,$3,100],[-,6.,$Cash,$1,100,],[$eBook$,,$Deferred Revenue,,$1,100]]$

Required:

Post each transaction to T$-$accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $$2,800$; Accounts Receivable, $$3,600$; Supplies, $$340$; Accounts Payable, $$2,900$; Deferred Revenue, $$240.$ Service Revenue and Advertising Expense each have a beginning balance of zero.

References