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To start her own business, Betty Lee put $22,100 of her personal cash into the business account. Given the following additional transactions calculate the ending

To start her own business, Betty Lee put $22,100 of her personal cash into the business account.

Given the following additional transactions calculate the ending balance of each of the following accounts after all journal entry amounts are posted:

Cash, Wages Expense, Wages Payable, Deferred Revenue, and Service Revenue

Item Description Ref. Debit Credit
1 Wages Expense

815

Wages Payable

815

2 Wages Payable

600

Cash

600

3 Cash

1,410

Deferred Revenue

1,410

4 Deferred Revenue

960

Service Revenue

960

Cash

$

Wages Expense

Wages Payable

Deferred Revenue

Service Revenue

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