Question: For each transaction in E3-16 (including the example), post the effects to the appropriate T-accounts and determine ending account balances. Beginning account balances have been

For each transaction in E3-16 (including the example), post the effects to the appropriate T-accounts and determine ending account balances. Beginning account balances have been given. An example is provided.

+Dr Cash (A) Cr +Dr Accounts Receivable (A) Cr +Dr Supplies (A) Cr 1/1/11 10,000 9,500 9,500 800 +Dr Equipment (A) Cr Dr Accounts Payable (L) Cr+ 5,000 1/1/11 Dr Note Payable (L) Cr+ 1/1/11 8,000 Unearned Revenue (L) J. Sifuentes Capital (OE) J. Sifuentes, Drawing (OE) Dr Cr+ -Dr +Dr Cr 2,500 /1/11 20,800 1/1/11 1/1/11 -Dr Service Revenue (R) Cr+ +Dr Utilities Expense (E) Cr 9,500

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