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To start his own business, Tom Foster put $24,800 of his personal cash into the business account. Given the following additional transactions calculate the ending

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To start his own business, Tom Foster put $24,800 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, Deferred Revenue, and Service Revenue Item Description Debit 1 Wages Expense Wages Payable Cash Wages Expense 2 Wages Payable Wages Payable Cash Deferred Revenue 3 Cash Service Revenue Deferred Revenue 000 X Deferred Revenue VICE

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