Consider the recorded transactions below. Debit Credit 1. Accounts Receivable Service Revenue 9,000 9,000 2. Supplies...

 

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Consider the recorded transactions below. Debit Credit 1. Accounts Receivable Service Revenue 9,000 9,000 2. Supplies 1,500 Accounts Payable 1,500 3. Cash 8,600 Accounts Receivable 8,600 4. Advertising Expense Cash 1,000 1,000 5. Accounts Payable Cash 2,100 2,100 6. Cash 1,100 Deferred Revenue 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, $1,800; Accounts Receivable, $2,600; Supplies, $240; Accounts Payable, $1,900; Deferred Revenue, $140. Service Revenue and Advertising Expense each have a beginning balance of zero. Cash Beg. bal. 1,800 Beg. bal. Accounts Receivable 2,600 1,000 (4) (3) 8,600 2,100 (5) (1) 8,600 (3) 9,000 (6) 1,100 End. bal. 8,400 End. bal. 3,000 Supplies Beg. bal. (2) 240 1,500 End. bal. 1,740 Deferred Revenue Beg. bal. 140 End. bal. 1,240 Accounts Payable Beg. bal. 2,100 1,900 (5) 1,500 (2) End. bal. 1,300 Service Revenue Beg. bal. 0 1,100 (6) Advertising Expense Beg. bal. 0 1,000 (4) End. bal. 1,000 9,000 (1) End. bal. 9,000 Service Revenue and Advertising Expense each have a beginning Answer is not complete. Cash Beg. bal. 1,800 Accounts Receivable Beg. bal. 2,600 1,000 (4) (3) 8,600 2,100 (5) (1) 8,600 (3) 9,000 (6) 1,100 End. bal. 8,400 End. bal. 3,000 Supplies Beg. bal. 240 (2) 1,500 End. bal. 1,740 Deferred Revenue Beg. bal. 140x End. bal. 1,240x Accounts Payable Beg. bal. 2,100 x 1,900 (5) 1,500 (2) End. bal. 1,300x Service Revenue Beg. bal. 0 ✓ 1,100 (6) 9,000 (1) End. bal. 9,000 × Advertising Expense Beg. bal. 0 1,000 (4) × End. bal. 1,000 Consider the recorded transactions below. Debit Credit 1. Accounts Receivable Service Revenue 9,000 9,000 2. Supplies 1,500 Accounts Payable 1,500 3. Cash 8,600 Accounts Receivable 8,600 4. Advertising Expense Cash 1,000 1,000 5. Accounts Payable Cash 2,100 2,100 6. Cash 1,100 Deferred Revenue 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, $1,800; Accounts Receivable, $2,600; Supplies, $240; Accounts Payable, $1,900; Deferred Revenue, $140. Service Revenue and Advertising Expense each have a beginning balance of zero. Cash Beg. bal. 1,800 Beg. bal. Accounts Receivable 2,600 1,000 (4) (3) 8,600 2,100 (5) (1) 8,600 (3) 9,000 (6) 1,100 End. bal. 8,400 End. bal. 3,000 Supplies Beg. bal. (2) 240 1,500 End. bal. 1,740 Deferred Revenue Beg. bal. 140 End. bal. 1,240 Accounts Payable Beg. bal. 2,100 1,900 (5) 1,500 (2) End. bal. 1,300 Service Revenue Beg. bal. 0 1,100 (6) Advertising Expense Beg. bal. 0 1,000 (4) End. bal. 1,000 9,000 (1) End. bal. 9,000 Service Revenue and Advertising Expense each have a beginning Answer is not complete. Cash Beg. bal. 1,800 Accounts Receivable Beg. bal. 2,600 1,000 (4) (3) 8,600 2,100 (5) (1) 8,600 (3) 9,000 (6) 1,100 End. bal. 8,400 End. bal. 3,000 Supplies Beg. bal. 240 (2) 1,500 End. bal. 1,740 Deferred Revenue Beg. bal. 140x End. bal. 1,240x Accounts Payable Beg. bal. 2,100 x 1,900 (5) 1,500 (2) End. bal. 1,300x Service Revenue Beg. bal. 0 ✓ 1,100 (6) 9,000 (1) End. bal. 9,000 × Advertising Expense Beg. bal. 0 1,000 (4) × End. bal. 1,000

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ANSWER Beg Bal Cash 180000 100000 4 Accounts Receivable Beg Bal 260000 860000 3 Beg ... View the full answer