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Transaction Account Name Debit Credit 1. Accounts Receivable 9,300 Service Revenue 9,300 2. Supplies 1,350 Accounts Payable 1,350 3. Cash 8,300 Accounts Receivable 8,300
Transaction Account Name Debit Credit 1. Accounts Receivable 9,300 Service Revenue 9,300 2. Supplies 1,350 Accounts Payable 1,350 3. Cash 8,300 Accounts Receivable 8,300 4. Advertising Expense 1,000 Cash 1,000 5. Accounts Payable 1,800 Cash Cash 1,800 1,100 Deferred Revenue 1,100 Required: Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $1,500; Accounts Receivable, $2,300; Supplies, $210; Accounts Payable, $1,600; Deferred Revenue, $110. Service Revenue and Advertising Expense each have a beginning balance of zero. Cash Debit Beginning Balance Ending Balance Accounts Receivable Credit Debit Credit Beginning Balance Ending Balance Supplies Accounts Payable Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Ending Balance Deferred Revenue Service Revenue Debit Credit Debit Credit Beginning Balance Beginning Balance Ending Balance Advertising Expense Debit Credit Beginning Balance Ending Balance Ending Balance
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