contestada

Receive cash from customers, $16,400. Pay cash for employee salaries, $10,400. Pay cash for rent, $4,400. Receive cash from sale of equipment, $9,400. Pay cash for utilities, $2,400. Receive cash from a bank loan, $5,400. Pay cash for advertising, $8,400. Purchase supplies on account, $4,400. Required: Post transactions to the Cash T-account and calculate the ending balance.

Respuesta :

Answer:

calculate the ending balance.$1200

Explanation:

                                                       Cash account  

                                                          Deb Cre

Receive cash from customers       16400  

Pay cash for employee salaries                 10400

Pay cash for rent                                          4400

Receive cash from sale of equipment 9400  

Pay cash for utilities                                  2400

Receive cash from a bank loan         5400  

Pay cash for advertising                          8400

Purchase supplies on account  4400

   

                                                       31200 30000

ending balance                                  1200  

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