ter 2 Part 2 B Book Print 0 erences Consider the following transactions. 1. Receive cash from customers, $15,500. 2. Pay cash for employee salaries, $9,500. 3. Pay cash for rent. $3,500. 4. Receive cash from sale of equipment, $8,500 5. Pay cash for utilities, $1,500 6. Receive cash from a bank loan, $4,500. 7. Pay cash for advertising. $7,500. 8. Purchase supplies on account, $3,500. Required: Post transactions to the Cash T-account and calculate the ending Cash Debit Credit 10,500 Beginning Balance C raw Ending Balance ces Consider the recorded transactions below. Transaction Account Name Debit Credit 1. Accounts Receivable 7,500 Service Revenue 7,500 2. Supplies 1,850 Accounts Payable 1,850 3. Cash 9,300 Accounts Receivable 9,300 4. Advertising Expense 1,000 Cash 1,000 5. Accounts Payable 2,800 Cash Cash 2,800 1,100 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, $2,500, Accounts Receivable, $3,300; Supplies, $310, Accounts Payable, $2,600, Deferred Revenue, $210. Service Revenue and Advertising Expense each have a beginning balance of zero. Accounts Receivable Credit Debit Credit 2,500 Beginning Balance 9,300 1,000 (4) 1,100 2,800 (5) Ending Balance Cash Debit Beginning Balance (3) (6) + Ending Balance Supplies Accounts Payable Debit Credit Debit Credit Beginning Balance Beginning Balance < Prev 606 Score answer >