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undefined To start his own business, Bob Lewis put $23,000 of his personal cash into the business account. Given the following additional transactions calculate the
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To start his own business, Bob Lewis put $23,000 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, Accounts Receivable, Service Revenue, and Deferred Revenue BEL Ref. Credit Item 1 Description Accounts Receivable Service Revenue Debit 1,300 1,300 Cash 2 Cash 1,100 Accounts Receivable 1,100 Accounts Receivable Service Revenue Deferred Revenue . . 3 Cash 1,730 Deferred Revenue 1,730 5 ? 4 Deferred Revenue 785 Service Revenue 785Step by Step Solution
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