Question: 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
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 accounts endingbalance.
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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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