Consider the recorded transactions below. Transaction 1. 2. 3. 4. 5. 6. Debit Beginning Balance...
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Accounting
Consider the recorded transactions below. Transaction 1. 2. 3. 4. 5. 6. Debit Beginning Balance Ending Balance Accounts Receivable Service Revenue Supplies Account Name Accounts Payable Cash Accounts Receivable Advertising Expense Cash Accounts Payable Cash Cash Deferred Revenue Cash Supplies Debit Credit 9,200 1,400 8,400 1,200 1,900 1,000 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, $1,600; Accounts Receivable, $2,400; Supplies, $220; Accounts Payable, $1,700; Deferred Revenue, $120. Service Revenue and Advertising Expense each have a beginning balance of zero. Credit 9,200 1,400 8,400 1,200 1,900 1,000 Debit Beginning Balance Ending Balance Accounts Receivable Accounts Payable Credit
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Consider the recorded transactions below: Required: Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account bef the transactions is: Cash, $1,600;; ccounts Receivable, $2,400; Supplies, $220; Accounts Payable, \$1,700; Deferred Revenue, $120 Service Revenue and Advertising Expense each have a beginning balance of zero
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