Requirement 2. Post the transactions to the T-accounts, using transaction dates as posting references. Determine the ending balance in each account. Review the journal entries prepared in previous steps. Cash Common Stock Accounts Receivable Dividends Supplies Service Revenue Equipment Salary Expense Land Advertising Expense Accounts Payable Utilities Expense Journal Entry Accounts Date Debit Credit Dec 2 Cash 70,000 Common Stock 70,000 Dec 700 3 Supplies Equipment Accounts Payable 11,300 12,000 4 Cash 5,500 5,500 Dec 36,000 36,000 Dec 4,100 Service Revenue 7 Land Cash 11 Accounts Receivable Service Revenue 16 Accounts Payable Cash 17 Advertising Expense Cash 4,100 Dec 11,300 11,300 Dec 580 580 Dec 18 Cash 2,000 2,000 Dec 410 410 Accounts Receivable 22 Utilities Expense Cash 29 Cash Service Revenue 31 (a) Salary Expense Dec 2,200 2,200 Dec 2,700 Cash 2,700 Dec 31 (b) Dividends 1,400 Cash 1,400