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Use the following to answer questions 14-20 Post each transaction to the accounts below and compute the ending balances of each account. The balances at
Use the following to answer questions 14-20 Post each transaction to the accounts below and compute the ending balances of each account. The balances at the beginning of the day are shown in the Taccounts. NOTE: The accounts are only a partial listing of the company's Chart of Accounts Recorded transactions to be posted: Debit Credit Debit Credit 1 Deferred revenue 8,000 4 Cash 12.000 Service revenue 8.000 Accounts receivable 12.000 2 Advertising expense 5,000 5 Office Supplies 250 Accounts payable 5,000 Cash 250 3 Accounts receivable 15,000 Accounts payable 4750 Service revenue 15,000 Cash 4,750 Following are some (not all of the accounts for the company with balances at the beginning of the day Cash Accounts Receivable Office Supplies Accounts Payable 10,000 2,000 20 750 Deferred Revenue 10,000 Service Revenue 1,000 Advertising Expense 200 14.5 What is the Cash account balance at the end of the day? 15. 5. _What is the Accounts Receivable account balance at the end of the day? 16. S 17. 18. S _What is the Office supplies account balance at the end of the day? _What is the Accounts payable account balance at the end of the day? _What is the Deferred revenue account balance at the end of the day? _What is the Service revenue account balance at the end of the day? _What is the Advertising expense account balance at the end of the day? 19. S 20. $
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