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To start her own business, Nancy Walker put $28,100 of her personal cash into the business account. Given the following additional transactions calculate the ending
To start her own business, Nancy Walker put $28,100 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, Deferred Revenue, Service Revenue, and Accounts Receivable Ref. Credit Item 1 Description Cash Deferred Revenue Debit 1,555 1,555 Cash GA 2 1,105 Deferred Revenue Service Revenue 1,105 Deferred Revenue Service Revenue Accounts Receivable 3 1,800 Accounts Receivable Service Revenue 1,800 5 ? 4 Cash 1,500 Accounts Receivable 1,500
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