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To start his own business, Bob Turner put $26,200 of his personal cash into the business account. Given the following additional transactions calculate the ending
To start his own business, Bob Turner put $26,200 of his personal cash into the business account. Given the following additional transactions calculate the ending balance of each of the following accounts after all journal e amounts are posted Cash, Ublities Expense, Accounts Payable, Accounts Receivable, and Service Revenue tem Description Ref Debt Ualies Expense 395 Accounts Payable 395 Cash Ublities Expense Accounts Payable Accounts Receivable Service Revenue s D 2 Accounts Payable Cash 265 265 3 Accounts Recesvable 1,200 Service Revene 1.200 4 Cash 1,000 Clear Undo H Accounts Recesvable 1,000 Next a Explain
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