What is the ending balance of Cash Account and Bank Account in this report? Date Transaction...

 

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What is the ending balance of Cash Account and Bank Account in this report? Date Transaction 1.4 rent paid 1.4 paid shop fittings 1.4 bought toys 2.4 paid for advertising 2.4 sales received 3.4 sales received 3.4 paid for cleaning 3.4 bought toys 4.4 paid electricity 4.4 sales received 4.4 paid advertising 5.4 paid phone bill 5.4 sales received 5.4 took cash 5.4 paid wages 5.4 deposited into bank Cash Account increase Amount Debet 3000 1200 2400 240 1200 1800 140 1800 270 2500 124 115 3400 250 300 7800 1200 1800 2500 3400 decrease Credit 140 250 300 7800 Bank Account increase decrease Debet Credit 12000 7800 3000 1200 2400 240 1800 270 124 115 What is the ending balance of Cash Account and Bank Account in this report? Date Transaction 1.4 rent paid 1.4 paid shop fittings 1.4 bought toys 2.4 paid for advertising 2.4 sales received 3.4 sales received 3.4 paid for cleaning 3.4 bought toys 4.4 paid electricity 4.4 sales received 4.4 paid advertising 5.4 paid phone bill 5.4 sales received 5.4 took cash 5.4 paid wages 5.4 deposited into bank Cash Account increase Amount Debet 3000 1200 2400 240 1200 1800 140 1800 270 2500 124 115 3400 250 300 7800 1200 1800 2500 3400 decrease Credit 140 250 300 7800 Bank Account increase decrease Debet Credit 12000 7800 3000 1200 2400 240 1800 270 124 115

Answer rating: 100% (QA)

The ending balance of the Cash Account is 4800 and the ending balance of the Bank Account is 5350 E... View the full answer