Selected transactions for the Brook Wang Company are presented in journal form below. Post the transactions to

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Selected transactions for the Brook Wang Company are presented in journal form below. Post the transactions to T-accounts. Make one T-account for each item and determine each account€™s endingbalance.

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Accounting Principles

ISBN: 978-1118875056

12th edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Question Posted: Mar 02, 2015 09:20 AM

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Selected transactions for the Brook Wang Company are presented in journal form below. Post the transactions to

Question:

J1 Date Account Titles and Explanation Ref. Debit Credit Mav 5 Accounts Receivable 4,400 Service Revenue 4,400 (Billed for services performed) 12 Cash 2,400 Accounts Receivable 2,400 (Received cash in payment of account) 15 Cash 3,000 Service Revenue 3,000 (Received cash for services performed)

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Cash Service Revenue 512 2400 55 4...View the full answer

Accounting Principles

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