Question: this is question #2 this is question 3 February 2 Pay $550 for radio advertising for February. February 7 Purchase beauty supplies of $1,150 on

this is question #2 this is question 3 February 2 Pay $550

this is question #2

for radio advertising for February. February 7 Purchase beauty supplies of $1,150

this is question 3

on account. February 14 Provide beauty services of $2,150 to customers andreceive cash. February 15 Pay employee salaries for the current month of

February 2 Pay $550 for radio advertising for February. February 7 Purchase beauty supplies of $1,150 on account. February 14 Provide beauty services of $2,150 to customers and receive cash. February 15 Pay employee salaries for the current month of $750. February 25 Provide beauty services of $850 to customers on account. February 28 Pay utility bill for the current month of $150. Required: Record each transaction. Mullett uses the following accounts: Cash, Accounts Receivable, Supplies, Accounts Payable, Service Revenue, Advertising Expense, Salaries Expense, and Utilities Expense. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 23456 Pay $550 for radio advertising for February. Note: Enter debits before credits. Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions is: Cash, $2,900; Accounts Receivable, $3,700; Supplies, $350; Accounts Payable, $3,000; Deferred Revenue, $250. Service Revenue and Advertising Expense each have a beginning balance of zero. At the beginning of April, Falcon Corporation has a balance of $12,700 in the Retained Earnings account. During the month of April, Ealcon had the following external transactions. Required: Using the external transactions below, compute the balance of Retained Earnings at April 30. (Decreases should be entered as a negative.)

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