Question

Consider the recorded transactions below.E M1. Accounts Recendh...-..._._____. 8.400Service Revenue......-...______. 8.4002. Supplies.-........................-....._____..... 2.300Accounts Fame ........................._...... 2.3003. Cash..................................-.......___..... 10.200Accounts Receuable-_.._._____. 10.2004. Advertising Emerse....-...______. 1.000Cash..-.........................-..._.___..... 1.0005. Accounts Pay"--.....-..._._____. 3.700Cash..-.........................-..._.___..... 3.7006. Cash..................................-.......___..... 1.100Deferred m................ 1.100Required:Post each transaction to T-accounts and compute the ending balance of each account. The beginning balance of eachaccount before the transactions is: Cash, $3,400; Accounts Receivable, $4,200; Supplies, 8400; Accounts Payable, $3,500;Deferred Revenue, 5300. Service Revenue and Advertising Expense each have a beginning balance of zero.

Answer 1

Answer:

answer is present in the attachment

Step-by-step explanation:

you have misquoted the amounts for the opening balances of Supplies and Deferred Revenue. I checked the internet for the right amounts and those are $400 for Supplies and $300 for Deferred Revenue. I have attached a picture to answer your question. Please find the attachment with the name "Answer".

However, I have also solved the question with the amounts that you provided and have attached a picture for it with the name "Answer 2".