To start her own business, Susan Wood put $20,700 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, Accounts Receivable, Service Revenue, Supplies, and Supplies Expense

Item

Description

Ref.

Debit

Credit

1

Accounts Receivable

1,600

Service Revenue

1,600

2

Cash

1,200

Accounts Receivable

1,200

3

Supplies

1,190

Cash

1,190

4

Supplies Expense

575

Supplies

575

Cash

$

Accounts Receivable

Service Revenue

Supplies

Supplies Expense

Clear

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