To start his own business, Eric put $27,000 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 entry amounts are posted:

Cash, wages expense, wages payable, supplies, and supplies expense:

Item Description Ref. Debit Credit Wages Expense 745 Wages Payable 745 Cash 2 Wages Payable 680 Wages Expense Cash 680 Wages Payable Supplies 3 Supplies 1,330 Cash 1.330 Supplies Expense Clear Undo Help 4 Supplies Expense 630 Supplies 630