To start his own business, Tom Bailey put $29,500 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, Accounts Receivable, and Service Revenue Item 1 2 3 4 Description Wages Expense Wages Payable Wages Payable Cash Accounts Receivable Service Revenue Cash Accounts Receivable Ref. Debit 900 650 1,800 1,700 Credit 900 650 1,800 1,700 0/5 Cash Wages Expense Wages Payable Accounts Receivable Service Revenue Login

To start his own business. Tom Boley put $29,500 of his personei cash into the business account. Given the following additional transactions calculate the ending balance of each of the following accounts after ail tovinalentry amounts are costed