Week $2-$ Homework $i$

Saved

Help

Save & Exit

Submit

$3$

Check my work

Consider the recorded transactions below.

$\backslash$table$[[$Transaction$,$Account Name,Debit,Credit$],[1.,\backslash$table$[[$Accounts Receivable$],[$Service Revenue$]],9,300,9,300],[2.,$Supplies,$1,350,],[,$Accounts Payable,,$1,350],[3.,$Cash,$8,300,],[,$Accounts Receivable,,$8,300],[4.,\backslash$table$[[$Advertising Expense$],[$Cash$]],1,000,1,000],[5.,\backslash$table$[[$Accounts Payable$],[$Cash$]],1,800,1,800],[6.,\backslash$table$[[$Cash$],[$Deferred Revenue$]],*1,100,1,100]]$

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.

$\backslash$table$[[$Cash$,$Accounts Receivable$],[$Debit$,$Credit,Debit,Credit$],[$Beginning Balance,$1,500,,$Beginning Balance,$2,300,],[$r$,,-,?,,],[?,,,,,]]$

Mc

Graw

Prey.

$3$ of $5$

Neaxt

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.

How to solve