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To start her own business, Alice Evans put $28,800 of her personal cash into the business account. Given the followingadditionaltransactions calculate the ending balance of
To start her own business, Alice Evans put $28,800 of her personal cash into the business account.
Given the followingadditionaltransactions calculate the ending balance of each of the following accounts after all journal entry amounts are posted:
Cash, Supplies, Supplies Expense, Accounts Receivable, and Service Revenue
1
Supplies Debit 1,380 Cash credit 1,380
2 Supplies ExpenseDebit 455 Supplies credit455
3 Accounts Receivable debit 2,000 Service Revenue credit2,000
4 Cash debit1,100 Accounts Receivable credit1,100
Cash?$ Supplies ?$ Supplies Expense?$ Accounts Receivable?$ Service Revenue?$ |
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