Question: For each of the transactions in E3- 16 (including the sample), post the effects to the appropriate T- accounts and determine ending account balances. Beginning

For each of the transactions in E3- 16 (including the sample), post the effects to the appropriate T- accounts and determine ending account balances. Beginning account balances have been given. The sample transaction has been posted as an example.

Cash (A) Accounts Payable (L) Common Stock (SE) Jan 10,000 9.500 5,000 Jan I 12,000 Jan 1 Accounts Receivable (A) Unearned Revenue (L.) Retained Earning (SE) Jan I 12.500 2,500 Jan I 8,800 Jan l Supplies (A) Note Payable (L) Service Revenue (R) Jan 800 0 Jan I 0 Jan 1 9.500 a Equipment (A) Utilities Expense (E) Jan 000 Jan 0

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