Homework Answers
| Cash | |||
| Beg. Bal. | $2,000 | ||
| (3) | $8,800 | $1,100 | (4) |
| $2,300 | (5) | ||
| (6) | $1,200 | ||
| End. Bal. | $8,600 | ||
| Accounts Receivable | |||
| Beg. Bal. | $2,800 | ||
| (1) | $8,800 | ||
| $8,800 | (3) | ||
| End. Bal. | $2,800 | ||
| Supplies | |||
| Beg. Bal. | $260 | ||
| (2) | $1,600 | ||
| End. Bal. | $1,860 | ||
| Accounts Payable | |||
| Beg. Bal. | $2,100 | ||
| $1,600 | (2) | ||
| (5) | $2,300 | ||
| End. Bal. | $1,400 | ||
| Deferred Revenue | |||
| Beg. Bal. | $160 | ||
| $1,200 | (6) | ||
| End. Bal. | $1,360 | ||
| Service Revenue | |||
| Beg. Bal. | $0 | ||
| $8,800 | (1) | ||
| End. Bal. | $8,800 | ||
| Advertising Expense | |||
| Beg. Bal. | $0 | ||
| (4) | $1,100 | ||
| End. Bal. | $1,100 |
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Consider the recorded transactions below. Debit 8,800 1. Accounts Receivable Service Revenue Credit 8,800 2. Supplies...
Exercise 2-15A Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. 1. Accounts Receivable Service...
Exercise 2-15A Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. 1. Accounts Receivable Service Revenue Debit Credit 8,800 8,800 2. Supplies Accounts Payable 1,600 1,600 8,800 3. Cash Accounts Receivable 8,800 1,100 Advertising 4. Expense Cash 1,100 5. Accounts Payable Cash 2,300 2,300 1,200 6. Cash Deferred Revenue 1,200 Required: 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, $2,000; Accounts Receivable, $2,800;...
Consider the recorded transactions belovw Debit Credit 1. Accounts Receivable Service Revenue 8,600 8,600 2. Supplies...
Consider the recorded transactions belovw Debit Credit 1. Accounts Receivable Service Revenue 8,600 8,600 2. Supplies 1.700 Accounts Payable 1,700 3. Cash 9.000 Accounts Receivable 9,000 4 Advertising Expense 1,200 Cash 1,200 5. Accounts Payable Cash 2,500 2,500 6. Cash 1,000 Deferred Revenue 1,000 Required Post each transaction to T-accounts and calculate the ending balance for each account. The beginning balance of each account before the transactions is: Cash, $2,200; Accounts Receivable, $3,000; Supplies, $280; Accounts Payable, $2,300; Deferred Revenue,...
Consider the recorded transactions below. Credit 1. Accounts Receivable Service Revenue Debit 9,300 9,300 2. Supplies...
Consider the recorded transactions below. Credit 1. Accounts Receivable Service Revenue Debit 9,300 9,300 2. Supplies Accounts Payable 1,350 1,350 3. Cash Accounts Receivable 8,300 0 8,300 4. Advertising Expense Cash 1,000 1,000 5. Accounts Payable Cash 1,800 1,800 6. Cash Deferred Revenue 1,100 1,100 Required: 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, $1,500; Accounts Receivable, $2,300; Supplies, $210; Accounts Payable, $1,600; Deferred...
Consider the recorded transactions below. Debit 8,100 Credit 1. Accounts Receivable Service Revenue 8,100 2. Supplies...
Consider the recorded transactions below. Debit 8,100 Credit 1. Accounts Receivable Service Revenue 8,100 2. Supplies Accounts Payable 2,150 2,150 3. Cash Accounts Receivable 9,900 9,900 4. Advertising Expense 1,000 Cash 1,000 5. Accounts Payable Cash 3,400 3,400 6. Cash Deferred Revenue 1,100 1,100 Required: 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, $3,100; Accounts Receivable, $3,900; Supplies, $370, Accounts Payable, $3,200; Deferred Revenue,...
Consider the recorded transactions below. Credit Debit 7,689 1. Accounts Receivable Service Revenue 7,680 2. Supplies...
Consider the recorded transactions below. Credit Debit 7,689 1. Accounts Receivable Service Revenue 7,680 2. Supplies Accounts Payable 1,980 1,980 9,480 3. Cash Accounts Receivable 9,480 4. Advertising Expense 1,180 Cash 1,180 5. Accounts Payable Cash 2,990 2,980 1,200 6. Cash Deferred Revenue 1,200 Required: 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, $2.600; Accounts Receivable. $3.400: Supplies. $320: Accounts Payable, $2,700: Deferred Revenue,...
Consider the recorded transactions below. Credit Debit 1. Accounts Receivable 7,800 Service Revenue 7,800 2. Supplies...
Consider the recorded transactions below. Credit Debit 1. Accounts Receivable 7,800 Service Revenue 7,800 2. Supplies Accounts Payable 2,000 2,000 9, 600 3. Cash 9, 600 Accounts Receivable 4. Advertising Expense 1, 000 1, 000 Cash 5. Accounts Payable 3, 100 Cash 3,100 6. Cash 1,100 Deferred Revenue 1, 100 Required: 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, $2,8o0; Accounts Receivable, $3,600; Supplies,...
Consider the recorded transactions below. Credit Debit 9,000 1. Accounts Receivable Service Revenue 9,000 1,500 2....
Consider the recorded transactions below. Credit Debit 9,000 1. Accounts Receivable Service Revenue 9,000 1,500 2. Supplies Accounts Payable 1,500 8,600 3. Cash Accounts Receivable 8,600 4. Advertising Expense Cash 1,000 1,000 5. Accounts Payable Cash 2,100 2,100 6. Cash Deferred Revenue 1,100 1,100 Required: 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, $1,800; Accounts Receivable, $2,600; Supplies, $240; Accounts Payable, $1,900; Deferred Revenue,...
7,800 1. Accounts Receivable Service Revenue 7.800 2,000 2. Supplies Accounts Payable 2.000 9,600 3. Cash...
7,800 1. Accounts Receivable Service Revenue 7.800 2,000 2. Supplies Accounts Payable 2.000 9,600 3. Cash Accounts Receivable 9,600 1.000 4. Advertising Expense Cash 1.000 5. Accounts Payable 3,100 Cash 3,100 1,100 6. Cash Deferred Revenue 1,100 Required: 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, $2,800; Accounts Receivable, $3,600: Supplies, $340; Accounts Payable, $2,900; Deferred Revenue, $240. Service Revenue and Advertising Expense each...
Post each transaction to T-accounts and compute the end balance of each account. Consider the recorded...
Post each transaction to T-accounts and compute the end balance
of each account.
Consider the recorded transactions below. Debit 7,600 Credit 1. Accounts Receivable Service Revenue 7,600 1,900 2. Supplies Accounts Payable 1,900 9,400 3. Cash Accounts Receivable 9,400 4. Advertising Expense Cash 1,100 1,100 5. Accounts Payable Cash 2,900 2,900 1,200 6. Cash Deferred Revenue 1,200 Required: Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions...
Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) (The...
Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) (The following information applies to the questions displayed below.) Bollermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $17,500 on account. 2. September 8 Purchase painting equipnent for $18,500 cash. 3. September 12 Purchase office supplies on account for $3,000. 4. September 15 Pay employee salaries of $3,700 for the current month. 5. September...
Exercise 2-15A Post transactions to T-accounts (LO2-5) Consider the recorded transactions below. 1. Accounts Receivable Service Revenue Debit Credit 8,800 8,800 2. Supplies Accounts Payable 1,600 1,600 8,800 3. Cash Accounts Receivable 8,800 1,100 Advertising 4. Expense Cash 1,100 5. Accounts Payable Cash 2,300 2,300 1,200 6. Cash Deferred Revenue 1,200 Required: 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, $2,000; Accounts Receivable, $2,800;...
Consider the recorded transactions belovw Debit Credit 1. Accounts Receivable Service Revenue 8,600 8,600 2. Supplies 1.700 Accounts Payable 1,700 3. Cash 9.000 Accounts Receivable 9,000 4 Advertising Expense 1,200 Cash 1,200 5. Accounts Payable Cash 2,500 2,500 6. Cash 1,000 Deferred Revenue 1,000 Required Post each transaction to T-accounts and calculate the ending balance for each account. The beginning balance of each account before the transactions is: Cash, $2,200; Accounts Receivable, $3,000; Supplies, $280; Accounts Payable, $2,300; Deferred Revenue,...
Consider the recorded transactions below. Credit 1. Accounts Receivable Service Revenue Debit 9,300 9,300 2. Supplies Accounts Payable 1,350 1,350 3. Cash Accounts Receivable 8,300 0 8,300 4. Advertising Expense Cash 1,000 1,000 5. Accounts Payable Cash 1,800 1,800 6. Cash Deferred Revenue 1,100 1,100 Required: 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, $1,500; Accounts Receivable, $2,300; Supplies, $210; Accounts Payable, $1,600; Deferred...
Consider the recorded transactions below. Debit 8,100 Credit 1. Accounts Receivable Service Revenue 8,100 2. Supplies Accounts Payable 2,150 2,150 3. Cash Accounts Receivable 9,900 9,900 4. Advertising Expense 1,000 Cash 1,000 5. Accounts Payable Cash 3,400 3,400 6. Cash Deferred Revenue 1,100 1,100 Required: 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, $3,100; Accounts Receivable, $3,900; Supplies, $370, Accounts Payable, $3,200; Deferred Revenue,...
Consider the recorded transactions below. Credit Debit 7,689 1. Accounts Receivable Service Revenue 7,680 2. Supplies Accounts Payable 1,980 1,980 9,480 3. Cash Accounts Receivable 9,480 4. Advertising Expense 1,180 Cash 1,180 5. Accounts Payable Cash 2,990 2,980 1,200 6. Cash Deferred Revenue 1,200 Required: 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, $2.600; Accounts Receivable. $3.400: Supplies. $320: Accounts Payable, $2,700: Deferred Revenue,...
Consider the recorded transactions below. Credit Debit 1. Accounts Receivable 7,800 Service Revenue 7,800 2. Supplies Accounts Payable 2,000 2,000 9, 600 3. Cash 9, 600 Accounts Receivable 4. Advertising Expense 1, 000 1, 000 Cash 5. Accounts Payable 3, 100 Cash 3,100 6. Cash 1,100 Deferred Revenue 1, 100 Required: 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, $2,8o0; Accounts Receivable, $3,600; Supplies,...
Consider the recorded transactions below. Credit Debit 9,000 1. Accounts Receivable Service Revenue 9,000 1,500 2. Supplies Accounts Payable 1,500 8,600 3. Cash Accounts Receivable 8,600 4. Advertising Expense Cash 1,000 1,000 5. Accounts Payable Cash 2,100 2,100 6. Cash Deferred Revenue 1,100 1,100 Required: 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, $1,800; Accounts Receivable, $2,600; Supplies, $240; Accounts Payable, $1,900; Deferred Revenue,...
7,800 1. Accounts Receivable Service Revenue 7.800 2,000 2. Supplies Accounts Payable 2.000 9,600 3. Cash Accounts Receivable 9,600 1.000 4. Advertising Expense Cash 1.000 5. Accounts Payable 3,100 Cash 3,100 1,100 6. Cash Deferred Revenue 1,100 Required: 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, $2,800; Accounts Receivable, $3,600: Supplies, $340; Accounts Payable, $2,900; Deferred Revenue, $240. Service Revenue and Advertising Expense each...
Post each transaction to T-accounts and compute the end balance
of each account.
Consider the recorded transactions below. Debit 7,600 Credit 1. Accounts Receivable Service Revenue 7,600 1,900 2. Supplies Accounts Payable 1,900 9,400 3. Cash Accounts Receivable 9,400 4. Advertising Expense Cash 1,100 1,100 5. Accounts Payable Cash 2,900 2,900 1,200 6. Cash Deferred Revenue 1,200 Required: Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of each account before the transactions...
Exercise 2-20A Record transactions, post to T-accounts, and prepare a trial balance (LO2-4, 2-5, 2-6) (The following information applies to the questions displayed below.) Bollermaker House Painting Company incurs the following transactions for September. 1. September 3 Paint houses in the current month for $17,500 on account. 2. September 8 Purchase painting equipnent for $18,500 cash. 3. September 12 Purchase office supplies on account for $3,000. 4. September 15 Pay employee salaries of $3,700 for the current month. 5. September...
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