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Use the following to answer questions 14 - 20

Post each transaction to the T-accounts below and compute the ending balances of each account. The balances at the beginning of the day are shown in the T accounts. NOTE: The accounts are only a partial listing of the companys Chart of Accounts

Recorded transactions to be posted:

		Debit	Credit				Debit	Credit
1	Accounts receivable	6,000			4	Advertising expense	1,800
	Service revenue		6,000			Accounts payable		1,800
2	Office Supplies	300			5	Accounts payable	2,500
	Cash		300			Cash		2,500
3	Deferred revenue	4,000			6	Cash	8,000
	Service revenue		4,000			Accounts receivable		8,000

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
12,000			7,000			50				3,000

Deferred Revenue			Service Revenue			Advertising Expense
	10,000			3,000		1,200

14. $___________What is the Cash account balance at the end of the day?

15. $___________What is the Accounts Receivable account balance at the end of the day?

16. $___________What is the Office supplies account balance at the end of the day?

17. $___________What is the Accounts payable account balance at the end of the day?

18. $___________What is the Deferred revenue account balance at the end of the day?

19. $___________What is the Service revenue account balance at the end of the day?

20. $___________What is the Advertising expense account balance at the end of the day?

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