Use the following to answer questions 21 -27 LIABILITIES & ASSETS STOCKHOLDERS' EQUITY A. Cash F. Accounts Payable B. Accounts Receivable G. Salaries Payable C. Supplies H. Deferred revenue D. Prepaid advertising I. Notes Payable E Equipment J. Retained Earnings INCOME STATEMENT ACCOUNTS K. Service Revenue L. Advertising expense M. Rent Expense N. Salaries/Wage expense o. Utilities expense Date February 15 transaction is completed as an example: Only include the letter of the account not the account name. Transaction AMOUNT February 01 (ex) Paid an Accounts Payable $500 February 2 Collected from customers for sales made in January 45,000 February 7 Paid employees for work performed in January 34,000 February 14 Purchased supplies on account 495 February 15 Provided services to cash customers 15,000 February 28 Recorded salaries for February, will pay in March 25,000 February 28 Received cash advance from customers will provide service later 3.000 Date Account Debit Credit FEB 1 F Account payable (L) 500 A Cash (A) 500 21. Feb 2 ex 22. Feb 7 25. Feb 14 24 Feb 15 25. Feb 28 26. Feb 28 Cash 10.000 500 (ex) 27. $_ If January 31st cash was $10,000, what is the cash balance at the end of the day on 2/28? (The example has been posted for your benefit)